January 2007 Monetary Base fell by 9.9% Making up 701.3 mln

January 2007 Monetary Base fell by 9.9% Making up 701.3 mln

Arminfo
2007-03-03 13:02:00

The monetary base for Jan. 2007, fell by 9.9% making up 254.9 bln AMD
($701.3 mln).

By the Preliminary information of Central Bank (CB) – presented to ArmInfo,
the January monetary falldown was caused by a drastic 66.7% fall of internal
assets that made up minus 64.7 bln AMD ($178.1 mnl), and the 0.7% fall of
external assets that made up 319.7 bln AMD ($879.4 mln).

Governmental liabilities fell by 23.9% making up minus 71.5 bln AMD ($196.8
mln). Banking liabilities fell by 129.2% fixing at the level of 2.3 bln AMD
($6.3 mln). The volume of compulsory reservations in AMD fell by 14.4% making
up 26.8 bln AMD ($73.8 mln). The volume of reservations in USD fell by 16%
making up 19.8 bln AMD ($54.6 mln).