YEREVAN, June 28. /ARKA/. Armenia’s monetary base by 5.2% in May from April to about 714.8 billion drams, the country’s Central Banks said based on preliminary data.
Cash outside the Central Bank exceeded 404.3 billion drams against over 193.7 billion drams in April.
Mandatory reserves in drams fetched over 190.1 billion drams against over 193.7 billion drams from late March, and in foreign currency- over 32.9 billion drams versus over 31.9 billion drams compared to the month before.
Net international reserves (privatization funds excluded) amounted to around 399.4 billion drams as of the end of May, an increase of 5.3% compared to April.
Net domestic assets exceeded 315.3 billion drams against over 300.3 billion drams as of the end of April. ($1=409.60 drams). –0–
