Sun, 7 December
-0.9 C
Yerevan
USD: 381.50 RUB: 4.97 EUR: 444.45 GEL: 141.26 GBP: 508.81

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

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.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img