Wed, 12 February
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Yerevan
USD: 396.56 RUB: 4.22 EUR: 411.39 GEL: 141.10 GBP: 493.44
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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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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate rises 0.64 points to AMD 411.8

The average market exchange rate of the U.S. dollar to the Armenian dram on February 7, 2025, totalled 396.76 drams, down 0.07 points compared to February 6.

Average exchange rate of the dram to the dollar in January was 1.7% lower than a year ago

In January 2025, the average exchange rate of the Armenian dram to the US dollar was 397.9 drams, which is 1.7% lower than in January 2024 (405 drams), according to a report by the National Statistical Committee of Armenia.

 EDB expects inflation to accelerate in Armenia

The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).

Euro exchange rate falls by 2.2 points to AMD 411.16

The average market exchange rate of the U.S. dollar to the Armenian dram on February 6, 2025, amounted to 396.83 drams, having increased by 0.25 points compared to February 5.

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