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

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 27 – May 3)

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Unibank was a partner of the international forum “Yerevan Dialogue”

“Yerevan Dialogue 2026” forum held on May 5–6 brought together senior government representatives, private sector leaders, NGOs, academics, youth, and other stakeholders in the immediate aftermath of the European Political Community Summit in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img