Armenia’s gross international reserves drop 1.1% to $1,739mln

YEREVAN, December 13. /ARKA/. Armenia’s gross international reserves totaled $1,739mln by the end of the third quarter 2012, a reduction of $19.8mln or 1.1% compared with the beginning of the quarter, Armenia’s Central Bank reports.

Vast majority of assets is in hard currency.

According to the report, special drawing rights (SDR) by IMF totaled $6.7mln by the end of the reporting period as compared with $59.6mln in the beginning of the third quarter. ($1=405.98drams). -0-

spot_img

POPULAR

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Armenia’s Deputy Prime Minister and ADB Vice President Discussed Attracting Private Capital and Infrastructure Development

Opportunities for attracting private capital, expanding public-private partnerships (PPPs), and implementing the "Crossroads of Peace" project were discussed at a meeting between Armenian Deputy Prime Minister Mher Grigoryan and an Asian Development Bank (ADB) delegation led by Vice President Wempi Saputra.

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

Armenia Updates Income Declaration Procedures: New Rules, Exemptions, and Deadlines

Armenia has streamlined the process for filing annual personal income tax declarations, expanded the scope of data that is auto-populated, and defined categories of non-taxable income that citizens are not required to include in their declarations.

LATEST NEWS

spot_imgspot_imgspot_img