Wed, 30 July
38.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s CB July’s net domestic assets surge 16.6% to amd 230.4 bln

YEREVAN, September 10. /ARKA/. The Central bank of Armenia said Monday its July’s net domestic assets increased by 16.6% from June to 230.4 billion drams.

According to the data, government’s liabilities to the Central Bank within the reported period amounted to minus 87.7 billion drams against minus 94.1 billion drams. Liabilities of the commercial banks to the Central Bank rose by 18.2% in July to over 128.4 billion drams, and other liabilities advanced by 2.1% to nearly 189.7 billion drams.

According to the report, the net international reserves in July climbed by 1.2% to nearly 370.6
billion drams within the reported period, and the monetary base rose by 6.6% in July from June to about 601.1 billion drams. ($1-412.02 drams).—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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 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.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img