Money supply in Armenia in late 2012 March increased by 1.9% to over 1.134.4 trillion drams

YEREVAN, May 3, /ARKA/. The money supply in Armenia in late 2012 March increased by 1.9% or almost 21 billion drams from the previous month of February to over 1.134.4 trillion drams, according to the latest numbers released by the National Statistical Service (NSS) which it said were based on preliminary figures of the Central Bank.

It said also the amount of cash in hand rose to 321.3 billion drams in late March from 319.5 billion drams in late February. The amount of demand savings deposits in drams rose to 156.7 billion drams from 154.7 billion drams in late February. The amount of time savings deposits climbed to 171.9 billion drams from 157.3 billion drams in late February.

The amount of savings deposits in foreign currencies rose to 484.5 billion drams from 482.2 billion drams. The share of deposits in foreign currencies made 42.7% in the overall amount of money supply. ($1 – 392.06 drams). -0-

spot_img

POPULAR

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

LATEST NEWS

spot_imgspot_imgspot_img