Armenia’s monetary base grows 2.2% in October to AMD 734.6 billion

YEREVAN, November 28. /ARKA/. Monetary base in Armenia grew 2.2% in October, compared with September, to AMD 734.6 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of the central bank amounted to more than AMD 419.7 billion in late October against AMD 416.6 billion in late September.

Mandatory reserves in drams totaled about AMD 180.9 billion in late October against AMD 177.1 billion in late September, and those in foreign currencies totaled AMD 131 billion in late October against about AMD 121 billion in late September.

Net international reserves less funds from privatization totaled more than AMD 457.8 billion in late October after growing 0.8% over the month.

Net internal assets amounted to more than AMD 276.8 billion in late October against AMD 264.9 billion in late September. ($1- AMD 433.86). –0–

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