Armenia’s monetary base grows 1.4% AMD 444.4 billion in October

YEREVAN, December 2. /ARKA/. Armenia’s monetary base grew 1.4% or by AMD 6036 million over October to AMD 444.4 billion.

According to the statistical report based on the central bank’s figures, cash outside of the Central Bank of Armenia totaled AMD 313.1 billion in Late October against AMD 304 billion in late September.

Statutory reserve in drams amounted to AMD 61.9 billion against AMD 52 billion, and that in foreign currencies totaled AMD 66.7 billion against AMD 79.3 billion.

Net international reserves less funds from privatization totaled about AMD 440.2 billion by late October after contracting by 1.5% or AMD 6.8 billion, compared with September.

Net home assets totaled AMD 4.2 billion against AMD 8.6 billion. ($1 = AMD 359.07).-0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

The week in the Armenian financial market was marked by a combination of fiscal clarifications, regulatory changes, and institutional decisions.

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

LATEST NEWS

spot_imgspot_imgspot_img