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

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

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.

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

LATEST NEWS

spot_imgspot_imgspot_img