Monetary Base Grows By 4.6%, Broad Money By 1.9% In Armenia In June

MONETARY BASE GROWS BY 4.6%, BROAD MONEY BY 1.9% IN ARMENIA IN JUNE

Noyan Tapan

Au g 20, 2008

YEREVAN, AUGUST 20, NOYAN TAPAN. As of June 30, 2008, monetary base
made 412 bln 725 mln drams or about 1 bln 341 mln 846 thousand USD,
growing by 18 bln 169 mln drams or 4.6% on the previous month.

According to the data transferred from the Central Bank of Armenia
to the RA National Statistical Service, as of June 30, 2008, broad
money amounted to 711 bln 104 mln drams, increasing by 13 bln 439
mln drams or 1.9% on the previous month.

The balance of the population’s deposits with the banks made 200 bln
978 mln drams as of the indicated date, growing by 5 bln 235 mln drams
or 2.7% on the previous month and by 58 bln 287 mln drams or 40.8%
on the same month of 2007.

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