Tue, 10 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Monetary base in Armenia shrinks 8.7% to AMD 463.2 billion

YEREVAN, March 1. /ARKA/. Monetary base in Armenia shrank 8.7% or by AMD 44338 million over January to AMD 463.2 billion.

According to the National Statistical Service’s report based on the central bank’s preliminary figures, cash outside of the central bank totalled AMD 312.9 billion in late January 2011 against AMD 348.2 billion in late December 2010.

Required reserves in drams totaled AMD 66.6 billion in January against AMD 57.5 billion in late December, and those in drams amounted to AMD 70.2 billion against AMD 88.2 billion.

Net international reserves less funds from privatization totaled AMD 427.7 billion in late January after contracting by 5.2% or AMD 28.4 billion, compared with December.

Net internal assets totaled AMD 35.5 billion against AMD 56.4 billion. ($1 = AMD 367.37).-0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

LATEST NEWS

spot_imgspot_imgspot_img