Daily Archives: Jan 14, 2011

Ex-Prime Minister Blames unprecedented Inflation Last Year On Domestic Factors

Ex-prime minister Hrant Bagratian dismissed today Armenian authorities’ claims that the ‘unprecedented’ inflation last year was due to external factors.

Money base in Armenia increased by 2.4% making 455.2 billion drams

Money base of Armenia increased by 10837 million drams in November 2010 or by 2.4% making about 455.2 billion drams.