Tue, 29 April
19.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Money supply in Armenia grows 2% to AMD 1157 billion in April

YEREVAN, June 13. /ARKA/. Money supply in Armenia amounted to more than AMD 1157 billion in late April after growing 2% over this month.
According to the National Statistical Service’s report based on the central bank’s figures, cash outside of the banking system amounted to about AMD 337.2 billion in late April against more than AMD 312.3 billion in late March, and demand deposits in drams totaled AMD 151.8 billion against AMD 156.7 billion.

Time deposits in drams grew from 171.9 billion in late March to AMD 174.4 billion in late April.
Deposits in foreign currencies grew from AMD 484.5 billion in late March to AMD 493.7 billion in late April.
Deposits in foreign currencies accounted for 42.7% of the money supply. The money multiplier was 1.96 in late April – 0.09-point month-on-month decline. ($1 – AMD 413.61). -0—

spot_img

POPULAR

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

LATEST NEWS

spot_imgspot_imgspot_img