Friday, May 18 2012 19:20

Economy crediting on rise in Armenia


ArmInfo. In Apr 2012 as compared with Apr 2011 economy crediting grew by 32.9% due mostly to growth in AMD loans.

The press service of the Central Bank of Armenia reports that AMD supply grew by 23.7%, money supply by 20.7%, AMD deposits by 41.1%, foreign exchange deposits grew by 16.9%. As a result, the dollarization rate dropped by 3%.

According to the CB's forecasts, in 2012 money and AMD supply will grow by 17.6% and 21.1%, respectively, monetary base by 8%, circulated AMD cash by 13.3%, AMD deposits by 30%, foreign exchange deposits by 12.6%.

The dollarization rate will drop by 4.2%, while the monetization rate will grow by 10%.
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Exchange rates
30.10.2025
RUB4.75-0.04
USD382.720.10
EUR444.15-1.53
GBP504.23-1.52
CAD274.21-0.33
JPY24.86-0.27
CNY53.81-0.08
CHF478.40-2.22


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