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

Economy

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—

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