MONETARY BASE GROWS BY 4.2%, BROAD MONEY BY 3.1% IN ARMENIA
IN OCTOBER 2007
04-12-2007 20:00:00 | Armenia | Economy
YEREVAN, DECEMBER 4, NOYAN TAPAN. As of October 31, 2007,
the monetary base made 346 bln 862 mln drams (about 995.6 mln
USD) in Armenia, growing by 13 bln 848 mln drams or 4.2% on the
previous month.
According to the data transferred by the Central Bank of
Armenia (CBA) to the RA National Statistical Service, as of the
same day, the broad money made 600 bln 156 mln drams in Armenia,
growing by 18 bln 265 mln drams or 3.1% on the previous month.
The balance of the population's deposits with banks made
162 bln 301 mln drams as of October 31, 2007, increasing by 1
bln 735 mln drams or 1,1% on the previous month and by 54 bln
276 mln drams or 50.2% as compared with the index as of October
31, 2006.