Armenia’s household deposits in foreign currency rise by 3.5% in December to 342.6 billion drams

YEREVAN, January 30. /ARKA/. Armenia’s household deposits in foreign currency kept at local commercial banks rose by 3.5% in December from the previous months to 342.6 billion drams, according to a statement posted on the Central Bank’s official website. It says time household deposits in foreign currency grew by 5.5% from November to 283.1 billion drams (82.6% of all household deposits).

The volume of household deposits in Armenia’s national currency were said to have risen by 8.5% from November to 141 billion drams. The overall amount of all deposits kept at 21 banks grew by 4.9% to 969.7 billion drams as of December 31, 2011. ($1 – 386.63 drams). -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

Central Bank of Armenia will issue a commemorative silver coin for the COP17 conference

On October 5, Armenia will issue a commemorative silver coin titled "COP17," dedicated to the 17th Conference of the Parties to the UN Convention on Biological Diversity, the Central Bank of Armenia’s press service reports.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img