Sat, 2 August
31.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Armenia’s international gross reserves drop by 4.6% to $1.9 billion

YEREVAN, June 2, /ARKA/. Armenia’s international gross reserves at the end of quarter one, 2010 dropped by 4.6% (or $92.4 million) from the beginning of the year to $1.911.3 billion, the country’s Central Bank reported.

It said funds in convertible currency dropped by 4.6% or $86.1 million to $1.792.92 billion. According to the Central Bank, Armenia’s SDR at the International Monetary Fund (IMF) at the end of Q1 2010 dropped to $118.34 million from $124.69 million at the beginning of the year.

Structure of Armenia’s international reserves for quarter one 2001

Name At the beginning of Q1 At the end of Q 1
Gross international reserves ($ mln.) 2003,7 1911,3
Gold 0 0
SDR at IMF 124,69 118,34
Reserve positions at IMF 0 0
Forex funds in convertible currency 1878,99 1792
spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img