Fri, 5 December
2.1 C
Yerevan
USD: 381.50 RUB: 4.97 EUR: 444.45 GEL: 141.26 GBP: 508.81

Armenia’s gross international reserves down 7.2% to $1. 687.9 bln

YEREVAN, December 28. /ARKA/. Armenia’s gross international reserves as of late November decreased by 7.2% from early this year to $1. 687.9 billion, the Central Bank of Armenia (CBA) said in a statement posted on its official website.

It said reserves in convertible foreign currency accounted for the most of the assets ($1.687.5 billion). The Central Bank said also Armenia’s SDR at IMF totaled $0.5 million versus $57 million as of early this year. ($1- 403.58 drams).—0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img