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

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

LATEST NEWS

spot_imgspot_imgspot_img