Baku. Vahab Rzayev – APA-Economics. As of January 1, 2014, M3 money supply made
Central Bank of Azerbaijan says money supply rose
Note that M3 Board includes cash out of banks, demand and term deposits and savings.
M2 Board of money supply rose
(mln.
|
|
01.01.2013 |
01.01.2014 |
|
M0 (cash) |
9,256.6 |
10,458.7 |
|
M1 (cash, demand deposits and savings) |
11,107.9 |
12,736.9 |
|
M2 (cash, demand and manat term deposits and savings) |
13,806.4 |
16,434.8 |
|
M3 (cash, demand and term deposits and savings) |
16,775.3 |
19,359.8 |
As of January 1, 2014, the cashing level in money supply was equal to 63.6%, down 3.5 percentage points from previous year.