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

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Unibank Issues Perpetual Bonds with a 13.25% Annual Yield for Shareholders

Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: 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 June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

LATEST NEWS

spot_imgspot_imgspot_img