Money supply in Armenia grows 2% exceeding AMD 1346.9 billion in late February 2013

Economy

YEREVAN, March 26. /ARKA/. Money supply in Armenia amounted to more than AMD 1346.9 billion in late February 2013 after growing 2% over the month.

According to the information available on the central bank’s official website, cash out of banks amounted to about AMD 342.2 billion in late February 2013 against more then AMD 351.8 billion in late January 2013.

Demand deposits in drams totaled AMD 168.7 billion in late February against AMD 157 billion in late January.

Time deposits in drams exceeded AMD 202.5 billion in late February against AMD 200.4 billion in late January.

Deposits in foreign currencies totaled about AMD 633.4 billion in February against more than AMD 611 billion one month earlier. ($1 – AMD 418.02). –0—

spot_img

POPULAR

Economy

ADB maintains Armenia inflation forecast based on 7-month data

The Asian Development Bank (ADB) has kept its inflation forecast for Armenia unchanged at 4.2% for 2026 and 3.5% for 2027, noting that inflation trends over the first seven months were generally in line with expectations.
Banks

Armenia proposes EBRD expand SME support to diversify exports

Armenian Minister of Economy Gevorg Papoyan and a delegation from the European Bank for Reconstruction and Development (EBRD)—led by Elisabetta Falcetti, Managing Director for Turkey and the Caucasus—agreed to advance their cooperation agenda during a meeting on Thursday.
Banks

IDBank and the “Dekavva Fund” Stand with People from Artsakh

As part of the “Side by Side” initiative, IDBank has launched a new partnership, this time supporting families forcibly displaced from Artsakh who are currently living in the Sevan community.
Economy

Mher Grigoryan Discusses SBA Implementation with Head of IMF Mission to Armenia

During a meeting with a delegation led by Alexander Tieman, Head of the IMF Mission to Armenia, Deputy Prime Minister Mher Grigoryan discussed issues raised within the framework of the second review of the Stand-By Arrangement (SBA) supported by the IMF.
Announces

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenia’s monetary base upped 3.6% to AMD 679.5bln in February
Next article
Armenia’s household deposits in foreign currency total 458.8bln drams by end February