Monetary base decreases by 3.5%, broad money by 4.4% in
Armenia in November 2008
09-01-2009 21:00:00 | Armenia | Economy
YEREVAN, JANUARY 9, NOYAN TAPAN. The monetary base amounted
to 422 bln 14 mln drams (more than 1 bln 380 mln USD) in Armenia
as of November 30, 2008, decreasing by 15 bln 435 mln drams or
3.5% as compared with the previous month.
According to preliminary data transferred by the Central
Bank of Armenia to the RA National Statistical Service, broad
money made 721 bln 330 mln drams as of November 30, 2008,
decreasing by 33 bln 423 mln drams or 4.4% as compared with the
previous month.
The balance of the population's deposits with Armenian
banks amounted to 202 bln 397 mln drams as of November 30, 2008,
declining by 4 bln 355 mln drams or 2.1% on the previous month
and by 39 bln 871 mln drams or 24.5% as compared with the
respective period of 2007.