Manat mass decreased in November by 0.4%

Money supply increased in November 2012 by 86 million or 0.7% to 12,649.6 million manat. Over the past 12 months, the volume of funds in manat economy grew at 2657.7 million or 26.6%.

According to the Central Bank of Azerbaijan, the amount of cash outside the banking system for the first time in the last 15 months fell in November by 31.9 million or 0.4% to 8383.6 million manat. Non-cash increased by AZN 118 million or 2.8% to 4,266 million manat. The share of the index in the structure of manat circulation increased to 33.7%.

Broad money increased in the reported month by 181.11 million or 1.2%, and for the year it grew by 23% to 15,787.7 million manat.

The volume of foreign exchange supply in the banking system grew in November by 95.2 million or 3.1% to the equivalent of 3138.2 million manats. The share of foreign exchange for the year increased 10.5%. The share of manat resources in the total money supply was 80.1%, up 2.2% compared to December 1, 2011.

The total amount of the monetary base increased in November by 0.7%, while for the year - by 25.8% to 9427.3 million manat. Manat money increased over the month by 54.7 million or 0.6% to 9,346 million manat. - 15V -

 

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