Mon, 7 July
17.1 C
Yerevan
USD: 384.26 RUB: 4.88 EUR: 452.58 GEL: 141.37 GBP: 524.44

Armenia’s Gross International Reserves Decrease By $86 Million To $1.779.8 Billion

YEREVAN, August 20. / ARKA /. As of late June this year Armenia’s gross international reserves decreased by $86 million or 4/6% from the beginning of the year to $1.779.8 billion, according to a statement posted on the official website of the Central Bank.

The assets in convertible currencies at the end of June stood at $1.763.4 billion, having decreased by 3.8% or $69.9 million from 2010 December.

According to the statement, Armenia’s Special Drawing Rights (SDR) at the IMF stood at $16.4 million, down from $33.5 million at the end of December last year. . -0-

Structure Of Armenia’s Gross International Reserves

($ mln.)

Name December
2010
January
2011
February 2011 March

2011

April 2011 May

2011

June
2011
Gross international reserves 1865.8 1817.0 1789.9 1823.4 1765.3 1707.5 1779.8
Gold 0 0 0 0 0 0 0
SDR at IMF 33.5 34.0 31.3 31.5 27.4 20.1 16.4
Reserve position at IMF 0 0 0 0 0 0 0
Convertible forex assets 1832.3 1783.0 1758.6 1791.9 1738.0 1687.4 1763.4
spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank invalidated banking license of Ardshininvestbank due to its merger with Ardshinbank

The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.

Unibank’s “Haghtanak” branch serves clients from 9:30 am to 7:30 pm

Unibank branch “Haghtanak” has switched to a new operating mode - extended hours. Now clients can receive a full range of banking services from Monday to Friday - from 9:30 am to 7:30 pm.The branch is located at N94, 62 Komitas, Yerevan. 

ADB forecasts inflation in Armenia at 3% in 2025 and 2.8% in 2026

The Asian Development Bank (ADB) forecasts inflation in Armenia at 3% in 2025, said Don Lambert, Director of the Bank’s Resident Mission in Armenia.

Armenian parliament approves annual report on execution of 2024 state budget

At a session on Thursday, the National Assembly of Armenia approved the annual report on the execution of the 2024 state budget.

LATEST NEWS

spot_imgspot_imgspot_img