YEREVAN, November 1. /ARKA/. Money supply grew by 2.1% in Armenia in September vs. August and exceeded 1,267bln drams by the end of September 2012.

Cash balances outside the banking system were about 355.4bln drams at the end of September against more than 354.9bln drams at the end of August, Armenian National Statistical Service reported based on the preliminary data from the Central Bank.

Call deposits (in drams) were 160.3bln drams against about 149.6bln drams at the end of August.
Time deposits in drams exceeded 173.3bln drams by the end of the reporting period as compared with 172.4bln drams by the end of August.

Deposits in foreign currency totaled about 578.1bln drams, as compared to more than 564.2bln drams by the end of August.

Share of foreign currency deposits in the money stock was 45.6% as of the end of April.
Money multiplier was 2.11 at the end of September, a 0.06-point increase against August. ($1=405.47drams). –0--