Azerbaijan, Baku, July 7 / Trend, A. Hasanov /
Money supply (M2) (cash in circulation (outside banks) and remainders in the domestic currency on accounts of non-financial organizations, financial (excluding credit) organizations and individuals) in January-May 2012 increased by 36.7 percent compared to the same period of 2011 and by 2.2 percent compared to April 1 2012, the statistical report of the Central Bank of Azerbaijan (CBA) said today.
So, as of June 1, 2012, the rate of M2 was 11.456.7 billion manat compared to 8.392 billion manat as of June 1, 2011 and 11.202.4 billion manat as of May 1, 2012.
The amount of cash money supply (M0) as of June 1, 2012 hit 7.509.9 billion manat compared to 5.610.3 billion manat as of June 1, 2011 and 7.312.8 billion manat as of May 1, 2012.
As of early June 2012, Broad Money Supply (M3) totaled 14.579.5 billion manat compared to 11.056.1 billion manat as of June 1, 2011 and 14.346.2 billion manat as of May 1, 2012.
The transaction money (M1) amounted to 9.194.7 billion manat as of early June 2012 compared to 6.833.6 billion manat as of early June 2011 and 8.972.4 billion manat as of early April, 2012.
The official exchange rate is 0.7856 manat to $1 on July 7.
