Sun, 22 February
0.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

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

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img