Volume of money supply in October increased by 2.2% to 1043.4 billion drams

YEREVAN, December 1. /ARKA/. Volume o money supply at the end of October 2011 compared to September increased by 22.9 billion drams or 2.2% making about 1043.4 billion drams by the end of October.

Based on preliminary data of Central Bank of Armenia, Armenian National Statistic Service (NSS) informed ARKA News Agency that at the end of October cash out of CBA was 327.1 billion drams vs. 320.2 billion drams at the end of September, demand deposits (in drams) were 148.5 billion drams vs. about 147.7 billion drams at the end of the last month.

Volume of time deposits in drams in October was 128.4 billion drams vs. 124 billion drams at the end of September. Deposits in foreign currency were 439.3 billion drams vs. 428.6 billion drams at the end of the last month.

The share of deposits in foreign currency in money supply was 42.11%.

Money multiplier at the end of October was 1.79 increased by 0.04 points at the end of September. ($1 – 381.8 drams). —0—

spot_img

POPULAR

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img