Volume of money supply in May increased by 2.7% to 948.6 billion drams in Armenia

01.07.2011 15:01
Volume of money supply in May increased by 2.7% to 948.6 billion drams in Armenia

YEREVAN, July 1. /ARKA/. Volume of money supply by the end of May 2011 increased by 25.2 billion drams or 2.7% compared with April 2011 making about 948.6 billion drams, Armenian National Statistic Service informs.

On the basis of preliminary data of CBA, cash volume out of banking system was about 294 billion drams vs. 285.3 billion drams, till called for deposits (in drams) – 124.3 billion drams vs. about 114.3 billion drams, urgent deposits – 108.1 billion drams vs. 107.2 billion drams, deposits in foreign currency - 422.2 billion drams vs. 416.5 billion drams.

The share of deposits in foreign currency was 44.51% in money supply.

Money multiplier was 1.94 increased by 0.09 points. ($1 – 368.86 drams). —0—


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