YEREVAN, January 10, /ARKA/. Money supply in Armenia grew by 2.7% or AMD 27.8 billion in late November 2011 from the previous month to about AMD 1.071 trillion, according to the National Statistical Service’s reports, based on the Central Bank’s figures.
The cash outside the banking system in late November was aid to total AMD 328 billion against AMD 327.1 billion in late October 2011. Call deposits in drams totaled AMD 151.8 billion against AMD 148.5 billion, and time deposits in drams reached AMD 134.4 billion against AMD 128.4 billion in late October.
Deposits in foreign currencies denominated in Armenian currency, totaled AMD 457 billion against 439.3 billion making 42.7% of the money supply in late November Money multiplier grew 0.02 percentage point to 1.89. ($1 = AMD 386.15).-0-
