The deficit cash turnover fell in November to 954 million manats
Total receipts of cash to banks in January-November 2012 amounted to 29.037 billion manat, which is 32.7% more compared to the same period last year. The largest share came from sale of foreign currency - 32.9%. The share of sales was 16.8%, income on loans - 8%, revenue from ATMs - 4.7%, revenues from services and activities - 4.2%, revenues for notary account when buying property - 3.8% income on deposit accounts - 3.7%, etc.
According to the Central Bank of Azerbaijan, the shortage of cash turnover amounted to 954 million manat (-279 bn in October). Thus, the cost of cash for the period amounted to 30.261 billion manat. This is 31.8% more than in 2011. Of the total expenditure amounted to 28.8% of the cost of purchasing goods and services, 26.2% - the cost of ATM cash collateral, 10.4% - the cost of buying foreign currency, 6% - mortgage payments, 4.6% - expenses with notary accounts for property transactions, 3.3% - payments from deposit accounts, etc.
Cash balances at the end of eleven months of the year amounted to 294 million manat, which represents 1% of the revenue flow for this time.
The average size of the daily cash receipts amounted to AZN 86.678 million, and the cost - 90,332,000 manats. - 15B -
Economics
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