Armenia’s monetary stock shrinks 3.3% to AMD 1 493.9 billion in January 2014

YEREVAN, February 28. /ARKA/. Armenia’s monetary stock amounted to AMD 1 493.9 billion in late January 2014 after shrinking 3.3% since late December 2013, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of banks amounted to about AMD 338.4 billion in late January 2014 after contracting 11.9% over that month.

According to the report, demand deposits in drams totaled more than AMD 184.6 billion – 7.2% decline, and time deposits in drams totaled over AMD 270.2 billion – 2% growth. Deposits in foreign currencies grew 0.5% to about AMD 700.6 billion.

Money multiplier was 1.19 in late January 2014 against 1.74 in late December 2013.  ($1- AMD 412.93). —0—-

spot_img

POPULAR

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img