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Armenia’s monetary base grows 1.4% AMD 444.4 billion in October

YEREVAN, December 2. /ARKA/. Armenia’s monetary base grew 1.4% or by AMD 6036 million over October to AMD 444.4 billion.

According to the statistical report based on the central bank’s figures, cash outside of the Central Bank of Armenia totaled AMD 313.1 billion in Late October against AMD 304 billion in late September.

Statutory reserve in drams amounted to AMD 61.9 billion against AMD 52 billion, and that in foreign currencies totaled AMD 66.7 billion against AMD 79.3 billion.

Net international reserves less funds from privatization totaled about AMD 440.2 billion by late October after contracting by 1.5% or AMD 6.8 billion, compared with September.

Net home assets totaled AMD 4.2 billion against AMD 8.6 billion. ($1 = AMD 359.07).-0-

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