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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–

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