Money Supply in Azerbaijan Rose by 0,2%
OREANDA-NEWS. May 06, 2010. In 2009 M2 rose by AZN 88.2 million (1.45%) against growth for 2008 by AZN 1.985 bn (48.5%).
The CBA informs that as of 1st April of the year M2 index totaled AZN 6.18 bn versus AZN 5.85 bn by 1st March, AZN 5.837 bn by 1st February and AZN 6.169 bn on 1st January 2010.
At the same time, cash money mass (M0) this March grew by 5.6% (AZN 228.2 million) and since early 2010 by 3.3%.
As of 1st April 2010, M0 index reached AZN 4.3 bn against AZN 4.08 bn, AZN 3.97 bn and AZN 4.17 bn respectively.
By this April broad money supply (M3) totaled AZN 8.67 bn versus AZN 8.1 bn, AZN 8.1 bn and AZN 8.469 bn respectively, while transaction money made up AZN 5.19 bn versus AZN 4.98 bn, AZN 4.857 bn and AZN 5.239 bn.
As of 1st April 2010, exchange rate was AZN 0.8034 to the US dollar.
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