Armenia’s money supply rose 1.3% to AMD 1,363.9 bln in March

YEREVAN, April 30. /ARKA/. Armenia’s money supply rose by 1.3% to over 1,363.9 billion drams.

Cash outside the banking system stood at nearly 344 billion drams late March versus over 342.2 billion drams at the end of February, National Statistical Service reported, citing preliminary figures of the Central Bank. Demand deposits (in drams) totaled 158.1 billion drams against nearly 168.7 billion drams as of late February.

Time AMD deposits rose to over 211.3 billion drams from 202.5 billion drams within the reported period. Foreign currency deposits increased to about 650.4 billion drams from about 633.4 billion drams respectively.

Money multiplier climbed by 0.13 points to 2.11 in March. ($1=410.45drams).  –0–

spot_img

POPULAR

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

LATEST NEWS

spot_imgspot_imgspot_img