Thu, 9 October
18.1 C
Yerevan
USD: 382.75 RUB: 4.69 EUR: 445.29 GEL: 141.21 GBP: 513.38

Armenia’s money supply grew 1.7% to over 1,300bln drams in November

YEREVAN, December 28. /ARKA/. Armenia’s money supply grew by 1.7% to over 1,300bln drams by the end of November, the country’s national statistical service reported.

According to the preliminary information, cash outside the banking system amounted to about 360.7bln drams at the end of the reporting month, as compared to 360.5bln drams by end October.
Demand deposits (in drams) were 164.4bln drams compared to about 162.6bln drams at the end of October.

Total time deposits exceeded 187.0bln drams by the end of November, compared to about 178.1bln drams in late October. Forex deposits totaled about 588.3bln drams against 577.8bln drams by the end of October.

The share of forex deposits in money supply was 45.2% at the end of November.
Money multiplier rose by 0.1 percentage point to 2.09 in late November. ($1=405.19drams). –0–

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img