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MONETARY BASE DECLINES BY 8.2%, BROAD MONEY BY 4% IN ARMENIA IN
JANUARY 2008
YEREVAN, MARCH 6, NOYAN TAPAN. As of January 31, 2008, the monetary
base made 391 bln 987 mln drams (over 1 bln 277.5 mln USD) in Armenia,
declining by 35 bln 131 mln drams or 8.2% on the previous month.
According to preliminary data transferred by the Central Bank of
Armenia to the RA National Statistical Service, as of January 31, 2008,
broad money amounted to 663 bln 417 mln drams, declining by 27 bln 926
mln drams or 4% on the previous month.
The balance of the population's deposits with banks made 169 bln 924
mln drams as of January 31, 2008, declining by 3 bln 121 mln drams or
1.8% on the previous month. The balance of deposits with banks grew by
46 bln 716 mln drams or 37.9% as compared with January 2007.
JANUARY 2008
YEREVAN, MARCH 6, NOYAN TAPAN. As of January 31, 2008, the monetary
base made 391 bln 987 mln drams (over 1 bln 277.5 mln USD) in Armenia,
declining by 35 bln 131 mln drams or 8.2% on the previous month.
According to preliminary data transferred by the Central Bank of
Armenia to the RA National Statistical Service, as of January 31, 2008,
broad money amounted to 663 bln 417 mln drams, declining by 27 bln 926
mln drams or 4% on the previous month.
The balance of the population's deposits with banks made 169 bln 924
mln drams as of January 31, 2008, declining by 3 bln 121 mln drams or
1.8% on the previous month. The balance of deposits with banks grew by
46 bln 716 mln drams or 37.9% as compared with January 2007.