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Azerbaijan sees 29% rise in money supply in manat

13 February 2013 13:09 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2013, M3 money supply made AZN 16,775.3 mln, up AZN 2,872.1 mln or 20.7% from previous year.

Central Bank of Azerbaijan says money supply rose AZN 987.6 mln or 6.3% in December.

Note that M3 Board includes cash out of banks, demand and term deposits.

M2 Board of money supply rose AZN 2,809.2 mln or 25.5% to AZN 13,806.4 mln in comparison to a year earlier.

(mln. AZN)

	01.01.2012	01.01.2013
M0 (cash money)	7 158,2	9 256,6
M1 (cash, demand savings adn deposits)	8 824,8	11 107,9
M2 (cash, demand and term manat saving adn deposits)	10 997,2	13 806,4
M3 (cash, demand and term saving and deposits)	13 903,2	16 775,3

As it seems, cash manat money supply rose AZN 2,098.4 mln or 29.3% throughout the year.

Cashing level in the country as of January 1, 2013, was equal to 67.1%, up percentage points from year earlier.

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