Money supply (M2) in manat in Azerbaijan grew in July 2022, Trend reports via the Central Bank of Azerbaijan (CBA).
According to CBA, this figure amounted to 26.26 billion manat ($15.45 billion), up by 4.4 billion manat ($2.6 billion) or 20.26 percent compared to last year’s July (21.84 billion manat or $12.85 billion).
The bank also said that in July this year, cash money in circulation (M0) increased by 1.09 billion manat ($640 million), or 9.93 percent - from 11.04 billion or $6.5 billion (recorded in the same month of 2021) to 12.14 billion manat ($7.14 billion).
Meanwhile, expanded money supply (M3) rose by 6.75 billion manat ($3.97 billion, or 21.42 percent) - up to 38.25 billion manat ($22.5 billion), versus 31.5 billion manat ($18.5 billion) a year earlier.
Money supply for transactions (M1) grew by 3.6 billion manat ($2.1 billion or 19.46 percent) over the year - from 18.79 billion manat ($11.05 billion) to 22.4 billion manat ($13.18 billion).
|
Money market parameters: |
Volume, July 2022 |
Volume, July 2021 |
|
Expanded money supply (M3) |
38.25 billion manat ($22.5 billion) |
31.5 billion manat ($18.5 billion) |
|
Money supply in manat terms (M2) |
26.26 billion manat ($15.45 billion) |
21.8 billion manat ($12.8 billion) |
|
Money supply for transactions (M1) |
22.4 billion manat ($13.18 billion) |
18.79 billion manat ($11.05 billion) |
|
Cash money supply in circulation (M0) |
12.14 billion manat ($7.14 billion) |
11.04 billion ($6.49 billion) |
|
Non-cash money supply |
10.3 billion manat ($6.06 billion) |
7.7 billion manat ($4.5 billion) |
