Armenia’s money supply 654.9bln AMD by end of may 2009

YEREVAN, July 4. /ARKA/. As of the end of May, Armenia’s money supply
totaled 654.9bln AMD ` an increase of 12.3bln AMD or 1.9% as compared
with the previous month.

Referring to the preliminary data reported by the Central Bank of
Armenia (CBA), the RA Statistical Service reports that cash in
circulation outside the Armenian banking system totaled 226.7bln AMD at
the end of May against 217.5bln AMD early that month. Call deposits
totaled 82.2bln AMD against 77.3bln AMD late in April.

As of the end of this May, AMD fixed deposits totaled 60.6bln AMD
against 66.6bln AMD at the end of this April. Foreign-exchange deposits
totaled 285.5bln AMD against 281.2bln AMD late this April. The share of
foreign-exchange deposits in Armenia’s money supply decreased by 0.16%
down to 43.59% against 23.99% early this year.

Early this year Armenia’s money supply was 707.8bln AMD and has since
decreased by 52.9bln AMD or 7.5%. As of the end of this May, the money
multiplier reached 1.64 ` a decrease of 0.03 points as compared with
this April. P.T. `0–