MONETARY BASE GROWS BY 5.4%, BROAD MONEY - BY 6% IN ARMENIA<br /> IN JULY 2007 <br />


MONETARY BASE GROWS BY 5.4%, BROAD MONEY - BY 6% IN ARMENIA
IN JULY 2007

  • 04-09-2007 20:00:00   | Armenia  |  Economy
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The monetary base made 302 bln 835 mln drams (about 855.3 mln USD) in Armenia as of July 31, 2007, increasing by 15 bln 518 mln drams or 5.4% on the previous month. According to the RA National Statistical Service, the broad money made 554 bln 279 mln drams as of the same day, growing by 31 bln 243 mln drams or 6% on the previous month. The balance of the population's deposits with banks amounted to 150 bln 408 mln drams as of July 31, 2007, growing by 7 bln 717 mln or 5.4% drams on the previous month and by 43 bln 171 mln drams or 40.3% on the respective period of last year.
  -   Economy