Tue, 1 July
25.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

Armenian base money 0.1% down at 603.8bln drams in September

YEREVAN, November 1. /ARKA/. Armenian monetary base fell by more than 793mln drams or 0.1% and totaled about 603.8bln drams by the end of September 2012 as compared with the previous month, the website of the country’s National Statistical Service reports.

Cash outside the Central Bank exceeded 400.5bln drams by end September against 400.6bln at the end of August.

Compulsory reserves in drams were more than 149.9bln drams against more than 146bln drams by end August; foreign currency compulsory reserves were over 44.1bln drams against 48.1bln drams by end August.

Net international reserves (privatization funds exclusive) were about 374.2bln drams, a 2.6% reduction compared to August
Net internal assets exceeded 229.5bln drams in the period against more than 220.2bln drams by end August. ($1=405.47drams).  –0–

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img