YEREVAN, November 3. /ARKA/. Monetary base in Armenia shrank 1.7% in September 2014, compared with August, to AMD 718.8 billion, National Statistical Service reports referring to the figures received from the Central Bank of Armenia.

Cash outside of the central bank amounted to more than AMD 416.6 billion in late September against about AMD 422.3 billion in late August.

Mandatory reserves in drams totaled about AMD 177.1 billion against AMD 166 billion, and those in foreign currencies totaled AMD 121 billion against 138.1 billion.

Net international reserves (less money from privatization) contracted by 4.4% in September, compared with August.

Net internal assets amounted to about AMD 264.9 billion in late September against AMD 256.3 billion in late August. ($1- AMD 411.26). ---0----