Armenia’s monetary stock reaches AMD 1 604.9 billion in late August after growing 0.15% over month

YEREVAN, October 1. /ARKA/. Armenia’s monetary stock reached AMD 1 604.9 billion in late August after growing 0.15% over the month, National Statistical Service of Armenia reports.

According to the statistical report based on the central bank’s preliminary figures, cash outside of banks amounted to about AMD 365.1 billion in late August against AMD 357.7 billion in late July.

Demand deposits in drams totaled AMD 191.7 billion against about AMD 204.9 billion and time deposits in drams about AMD 297.4 million against AMD 296.8 billion.

Deposits in foreign currencies totaled AMD 750.6 billion in late August against AMD 743.1 billion in late July.

August’s money multiplier 2.19 was 0.15 points higher July’s. ($1- AMD 407.6). –0–

spot_img

POPULAR

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Unibank and Unisport took part in the “Tricolor” Yerevan Beat Run

Employees of Unibank and the Unisport club took part in the "Tricolor" Yerevan Beat Run.

Euro rose 2.09 points against the Armenian dram, while the dollar and ruble fell

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 26, 2026, fell 0.14 points compared to June 25, to 368.12 drams.

LATEST NEWS

spot_imgspot_imgspot_img