Armenia’s monetary base increases by 0.3 percent to 581.8 billion drams

YEREVAN, April 17. /ARKA/. The monetary base in Armenia increased by 1.8 billion drams  (0.3%) in comparison with the beginning of this  month amounting to 581.8 billion drams on 14 April, the Central Bank said. It said cash money out of the Central Bank amounted to about 379.1 billion drams, having increased in comparison with the beginning of the month by 12.2 billion drams or 3.3%.
Armenia’s net international reserves (excluding proceeds from privatization), reached more than 356.9 billion drams, down by 9.6 billion drams from the beginning of April.($1 – 392.47 drams).  -0-

spot_img

POPULAR

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Armenia expects to reduce public debt to 45% of GDP within five years: Deputy Finance Minister

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img