Tue, 29 July
29.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s money stock grows 0.5% to AMD 1 686.9 billion in June

YEREVAN, July 31. /ARKA/. Armenia’s money stock grew 0.5% over June 2015 to AMD 1 686.9 billion, the National Statistical Service of Armenia reports referring to the central bank’s preliminary figures.

Cash outside of banks amounted to about AMD 324.5 billion in late June against about AMD 312.8 billion in late May.

According to the statistical report, demand deposits in drams totaled AMD 188.2 billion in late June against AMD 182.9 billion in late May, and time deposits AMD 287.5 billion against AMD 287.2 billion.
Deposits in foreign currencies totaled more than AMD 886.8 billion against AMD 896 billion.

The money multiplier was 2.06 in late June against 1.95 in late May. ($1- AMD 478.65). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img