Money supply in Armenia grows 3.5% to AMD 925.9 billion

YEREVAN, May 2. /ARKA/. Money supply in Armenia grew 3.5% or by AMD 31.4 billion in March, compared with February, to AMD 925.9 billion, National Statistical Service of Armenia reports.

Cash outside of the banking system totaled AMD 278.2 billion in late March against 276.6 billion in late February.

Demand deposits in drams totaled AMD 126.8 billion against AMD 117.9 billion, and time deposits in drams amounted to AMD 103.2 billion against AMD 100.6 billion.

Deposits in foreign currencies totaled AMD 417.7 billion in late March against AMD 399.3 billion in late February.

The share of deposits in foreign currencies in money supply grew 0.47% to 45.11%.

Money multiplier lowered by 0.03 point to 1.83. ($1 = AMD 370.27). -0-

spot_img

POPULAR

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

Armenia’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

LATEST NEWS

spot_imgspot_imgspot_img