Fri, 28 November
11.1 C
Yerevan
USD: 381.07 RUB: 4.86 EUR: 441.47 GEL: 141.14 GBP: 503.97

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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

LATEST NEWS

spot_imgspot_imgspot_img