Armenia’s monetary base grown 10% over July

YEREVAN, August 30. /ARKA/. Armenia’s monetary base grew 10% in July 2013, compared with the previous month, to about AMD 724.9 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of the central bank amounted to AMD 415.3 billion in late July against more than AMD 404.2 billion in late June.

Mandatory reserves in drams totaled more than AMD 166.7 billion in late July against AMD 147.6 billion in late June, and those in foreign currencies exceeded AMD 139.6 billion in July against over AMD 104.5 billion in June.

Net international reserves less funds from privatization reached AMD 406.9 billion in late July after growing 10% over one month.

Net internal assets amounted to more than AMD 317.9 billion in late July against AMD 289.2 billion in late June. ($1 – 405.91). —0—-

spot_img

POPULAR

Create your Visa Digital from Unibank for purchases and transfers

Unibank offers Visa Digital cards for money transfers as well as online and in-store purchases.

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

IDBank and Idram Hold Financial Literacy Session for Young Chess Players

IDBank and Idram continue their series of financial literacy sessions.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img