Money supply in Armenia grows 0.3% to AMD 1368 billion

YEREVAN, May 31. /ARKA/. Money supply in Armenia has grown 0.3% since late March to AMD 1368 billion in late April.

National Statistical Service of Armenia told ARKA News Agency on Friday referring to the central bank’s figures that cash outside of the country’s banking system amounted to about AMD 346 billion in late April against more than AMD 344 billion in late March.

Demand deposits in drams totaled AMD 166.2 billion in late April against AMD 158.1 billion in late March.

Time deposits in drams totaled more than AMD 215.6 billion against 211.3 billion.

Deposits in foreign currencies amounted to about AMD 640.1 billion against AMD 650.4 billion.
The money multiplier was 2.01 in late April after slipping 0.1 points, compared with March. ($1 – 416.71). —0—-

spot_img

POPULAR

Tokenization among the priorities of the Central Bank of Armenia’s digital asset strategy

Martin Galstyan, Governor of the Central Bank of Armenia, responded to a question from the ARKA news agency about whether the regulator is considering drafting a law on tokenization.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

Armenia to Raise OSAGO Payout Limits on April 1 – Reason Given

In Armenia, maximum payout limits for compulsory motor third-party liability insurance (OSAGO) will increase on April 1, 2026.

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img