YEREVAN, April 11. /ARKA/. The net internal assets of Armenia’s Central Bank surged by 3.4% to nearly 261.5 billion drams in February 2013, compared with January, according to the monthly newsletter of the CB.
According to the newsletter, Central Bank’s requirements against the government stood at minus 121.9 billion drams in February versus minus 130.7 billion drams in January. The requirements of the Central Bank against the commercial banks dropped by 4.1% to over 168 billion drams in February, and some other requirements increased by 3.4% to nearly 215.4 billion drams.
The net international reserves in February upped by 3.7% to about 418 billion drams from January, and monetary base valued at about 679.5 billion drams, 3.6 percent increase in February from January. ($1- 418.31 drams).—0
