Baku, Azerbaijan, May 9
By Anvar Mammadov - Trend:
The money supply rate (M2) (cash in circulation (outside banks) and remainders in the domestic currency on accounts of non-financial organizations, financial (excluding credit) organizations and physical entities) decreased by 8.2 percent in March 2015 compared to the last month and by 22.6 percent compared to the same period of 2014, the Central Bank of Azerbaijan's report said.
The money supply rate (M2) amounted to 12.49 billion manat as of March 2015 compared to 13.6 billion manat as of February 1, 2014 and 16.13 billion manat as of April 1, 2014, according to the report.
The amount of cash money supply (M0) decreased by 25.63 percent during a year and amounted to 7.4 billion manat compared to 9.95 billion manat as of early April 2014. M0 decreased in March by 7.04 percent compared to last month.
As of March 2015, Broad Money Supply (M3) totaled 19.51 billion manat or 0.6 percent more compared to the same period in 2014 (19.38 billion manat), but it is 5.2 percent less compared to January 2015.
The transaction money (M1) decreased by 24.5 percent during a year and amounted to 9.29 billion manat compared to 12.3 billion manat as of March 2014. M1 decreased by 8.1 percent compared to last month.
Parameters of monetary market, in billion manat:
|
Volume as of Apr. 1, 2015 |
|
|
Money mass in extensive understating (М3) |
19,51 |
|
Money mass on manat (М2) |
12,49 |
|
Cash in manat (М0) |
7,4 |
|
Non-cash in manat |
5,09 |
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