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Armenian Central Bank’s net internal assets in 2011 October grow by 27 percent to 124.9 billion drams

YEREVAN, December 8. /ARKA/. Armenia’s Central Bank said its net internal assets in 2011 October amounted to some 124.9 billion drams, having increased by 27.3% from September. According to the regulator’s report on its aggregated indicators, its obligations to the government decreased to 91.9 billion drams from 100.4 billion drams in September; obligations to commercial banks increased by 12.3% to 91.8 billion drams and other obligations grew by 7.1% to more than 125. billion drams.

According to the report, Armenia’s net international reserves in October amounted to about 456.5 billion drams, having dropped by 3.4% in comparison with September, while the monetary base amounted to about 581.5 billion drams, having increased by 1.9% from September. ($1-383.62 drams). -0-

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