Tue, 1 July
18.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

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

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Armenia’s budget remained in surplus through April, despite a projected deficit

Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.

LATEST NEWS

spot_imgspot_imgspot_img