YEREVAN, February 1. /ARKA/. Money stock in Armenia reached over AMD 1346.3 billion by late December after growing 3.7% since late November, the National Statistical Service of Armenia reports referring to the central bank’s figures.
Cash outside of the banking system amounted to about AMD 384.1 billion against more than AMD 360.7 billion in late November, demand deposits in drams totaled AMD 161.7 billion against AMD 164.4 billion and time deposits in drams over AMD 192.2 billion against AMD 187.0 billion.
Deposits in foreign currencies totaled about AMD 608.4 billion in December against more than AMD 588.3 billion a month before and made up 45.2% of the country’s money stock.
Monetary multiplier went 0.12 points down, compared with November, to 1.97 in late December. ($1 – AMD 406.64). -0—
