Tue, 29 July
29.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s monetary base shrinks 1.6% over March to AMD 553.8 billion

YEREVAN, May 2. /ARKA/. Armenia’s monetary base shrank 1.6% or by AMD 9.2 billion in March, compared with February, to more than AMD 553.8 billion, National Statistical Service reports.

Mandatory reserves in drams exceeded AMD 152.8 billion in late March against 152.2 billion in late February, and those in foreign currencies totaled over AMD 31.9 billion against AMD 43.8 billion.
Net international reserves less funds from privatization amounted to AMD 365.4 billion in late March after contracting by 4.7% over the month.

Net internal assets totaled AMD 188.3 billion against AMD 180 billion. ($1 – AMD 392.16).-0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

LATEST NEWS

spot_imgspot_imgspot_img