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

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 29, 2026, fell by 0.06 points compared to June 26, to 368.06 drams.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

LATEST NEWS

spot_imgspot_imgspot_img