MONETARY BASE GROWS BY 2.2%, BROAD MONEY BY 1.8% IN ARMENIA<br /> IN ONE MONTH<br />


MONETARY BASE GROWS BY 2.2%, BROAD MONEY BY 1.8% IN ARMENIA
IN ONE MONTH

  • 13-10-2008 19:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 13, NOYAN TAPAN. The monetary base made 435 bln 775 mln drams (1 bln 423 mln USD) in Armenia as of August 31, 2008, increasing by 9 bln 535 mln drams or 2.2% on the previous month. According to data transferred by the Central Bank of Armenia to the RA National Statistical Service, the broad money made 753 bln 412 mln drams as of August 31, 2008, growing by 13 bln 68 mln drams or 1.8% on the previous month. The balance of the population's deposits with banks made 217 bln 785 mln drams as of August 31, 2008, growing by 5 bln 773 mln drams or 2.7% on the previous month, and by 63 bln 874 mln drams or 41.5% as compared with the same date of 2007.
  -   Economy