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Money stock in Armenia grows 2.1% to about AMD 1412.2 billion in July

YEREVAN, August 30. /ARKA/. Money stock in Armenia reached about AMD 1412.2 billion in late July after growing 2.1% over one month, according to the National Statistical Service’s report based on the central bank’s figures.

Cash outside of banks amounted to about AMD 365.1 billion in late July against more than AMD 351.8 billion in late June.

Demand deposits in banks totaled AMD 164.7 billion in late July against AMD 162.3 billion in late June and time deposits over AMD 219 billion against AMD 217.1 billion.

Deposits in foreign currencies totaled about AMD 663.3 billion against AMD 651.9 billion.

Money multiplier was 1.95 in late July after falling 0.15 percentage points over one month. ($1 – AMD 405.91). —0—-

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