Armenia’s monetary stock shrinks 3.3% to AMD 1 493.9 billion in January 2014

28.02.2014 19:30
Armenia’s monetary stock shrinks 3.3% to AMD 1 493.9 billion in January 2014

YEREVAN, February 28. /ARKA/. Armenia’s monetary stock amounted to AMD 1 493.9 billion in late January 2014 after shrinking 3.3% since late December 2013, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of banks amounted to about AMD 338.4 billion in late January 2014 after contracting 11.9% over that month.

According to the report, demand deposits in drams totaled more than AMD 184.6 billion – 7.2% decline, and time deposits in drams totaled over AMD 270.2 billion – 2% growth. Deposits in foreign currencies grew 0.5% to about AMD 700.6 billion.

Money multiplier was 1.19 in late January 2014 against 1.74 in late December 2013.  ($1- AMD 412.93). ---0----


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