Armenia’s Monetary Base Slips 1.6 % To AMD 562.9 Bln In February

ARMENIA’S MONETARY BASE SLIPS 1.6 % TO AMD 562.9 BLN IN FEBRUARY

/ARKA/
APRIL 2, 2012
YEREVAN

YEREVAN, April 2. /ARKA/. Monetary base in Armenia slumped 1.6 % or 9.3
billion drams to 562.9 billion drams in February from a month earlier.

According to the National Statistical Service of Armenia, cash outside
the country’s Central Bank amounted to over 359.8 billion drams in
late February against nearly 360.2 billion drams in late January.

Mandatory reserves in drams reached nearly 152.2 billion drams in
late February against 155.8 billion drams from a month earlier, and
in foreign currency – 43.8 billion drams against over 48.7 billion
drams from late January.

Net international reserves (without privatization funds) increased
by 2.1% to 417.9 billion drams in February from January.

Net domestic assets within the reported period accounted to 145 billion
drams against over 162.8 billion drams in late January. ($1 – 390.64
drams).

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