ARMENIA’S MONETARY BASE GROWS 20.03% IN JAN-NOV 2006 TO AMD 240.8BLN
Arka News Agency, Armenia
Jan 10 2007
YEREVAN, January 10. /ARKA/. Armenia’s monetary base grew by AMD
10.1bln or 20.03% in Jan-Nov 2006 to AMD 240.8bln, National Statistical
Service says referring to the figures received from the Central Bank
of Armenia.
Monetary base rose 1.4% or by AMD 3.4bln over November.
Cash in Armenian national currency totaled AMD 194.6bln by late
November against AMD155.3bln earlier that year.
Binding reserves totaled AMD 25.1bln against AMD 22.3bln. Reserves
in foreign currency totaled AMD 20.3bln against 22.3bln.
Net foreign assets (without cash from privatization) totaled AMD
321.9bln by late November after growing by about AMD 107.9bln or 49.9%
from the beginning of the year.
Net internal assets totaled minus AMD 81.2bln against 14.1 billion
earlier that year.
Central Bank of Armenia predicted 17.3% monetary base growth. The
bank said it would reach AMD 219.6bln by late 2006. ($1 – AMD
365.05).