Sun, 11 January
0.1 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenia’s monetary base climbs 6.4% to over AMD 589.4 bln

YEREVAN, June 12. /ARKA/. Monetary base in Armenia jumped by over 3.5 billion drams or 6.4% in April from March to over 589.4 billion drams, according to the data published on the website of the National Statistical Service of Armenia.
Cash outside the Central Bank of Armenia totaled nearly 378.8 billion drams versus about 361.5 billion drams as of late March.

Mandatory reserves in drams fetched over 170.6 billion drams against over 152.8 billion drams from late March, and in foreign currency- over 32.9 billion drams versus over 31.9 billion drams compared to a month earlier.
Net international reserves (without privatization funds) in late April amounted around 359 billion drams, downing by 2.3% from March.

Net domestic assets hit 230.5 billion drams against nearly 186.4 billion drams as of late March. ($1 – 412.52 drams). —0–

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img