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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—-

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