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

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

LATEST NEWS

spot_imgspot_imgspot_img