YEREVAN, August 3. /ARKA/. Monetary base in Armenia reduced by AMD 9.7 billion or 2.2 percentage points in June, compared with May, to AMD 434.5 billion.

According to the National Statistical Service’s report based on the Armenian Central Bank’s figures says cash outside of the central bank grew from AMD 284.7 billion in May to AMD 295.5 billion in June.

Statutory reserve in drams grew from AMD 34.5 billion in May to AMD 39.3 billion in June, while statutory reserve in foreign currencies shrank from AMD 121.3 billion in May to AMD 97.1 billion in June.

Net international reserves less funds from privatization totaled bout AMD 450.9 billion by late June after reducing 2.9% or by AMD 13.3 billion, compared with May.

Net domestic assets were minus AMD 16.3 billion in June against minus AMD 19.9 billion in May. ($1 = AMD 368.98). --0--