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

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Sevak Mikayelyan elected as a member of the Board of the Central Bank of Armenia

The National Assembly of Armenia elected Sevak Mikayelyan as a member of the Board of the Central Bank of Armenia.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

LATEST NEWS

spot_imgspot_imgspot_img