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Cash supply in Armenia grows 0.8% to AMD 786.6 billion

YEREVAN, August 3. /ARKA/. Cash supply in Armenia grew 0.8% or by AMD 6.5 billion in June, compared with May, to AMD 786.6 billion, National Statistical Service reports referring to the central bank’s figures.

Cash outside of the banking system totaled AMD 265.1 billion in late June against AMD 255 billion in late May.

According to the statistical report, demand deposits in drams totaled AMD 101.4 billion against AMD 99.7 billion, and time deposits AMD 63.5 billion against AMD 61.5 billion.

Deposits in foreign currencies amounted to AMD 356.5 billion in late June against AMD 363.9 billion in late May.

The share of deposits in foreign currencies in the cash supply reduced 1.35 percentage points in June, compared with May, to 45.3%.

Money multiplier reached 1.81 in late June after reducing 0.05 points, compared with May. ($1 = AMD 368.98). —0–

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