YEREVAN, June 22. /ARKA/. Monetary base in Armenia amounted to AMD 515 668 million by June 20 after shrinking by AMD 6097 million or 1.17% since June 17 due to contraction in mandatory reserves in Armenian drams by AMD 4428 million to AMD 95 505 million.

Cash outside of the central bank and obligatory reserves in foreign currencies totaled AMD 341 844 million and AMD 61 417 million respectively after reducing by 0.2% and 1.8% since June 17.

Net international reserves less funds from privatization have contracted by AMD 130 million or 0.3% since June 17 to AMD 376041 million on June 20. ($1 = AMD 373.62). --0—