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Armenian household deposits in foreign currency rose to 318.4 billion drams as of late October

YEREVAN, December 26. /ARKA/. The amount of deposits in foreign currency kept by Armenian households in commercial banks rose to 318.4 billion drams as of late October, the Central Bank of Armenia said in a statement posted on its official website.

According to the statement, the amount of these deposits grew by 3.2% from September. Time deposits in foreign currencies grew by 4.4% from September to 257.2 billion drams, making 80.8% of all household deposits in foreign currencies.

The amount of deposits in Armenia’s national currency was said to have grown by 2.9% from September to 125.2 billion drams. The total amount of all deposits kept at commercial banks grew by 2.8% to 901.6 billion drams. There are 21 commercial banks in Armenia. ($1 – 383.25 drams). -0-

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