Tue, 8 July
31.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Armenian banks’ investments in Government securities dropped to 144.6bln drams in November

YEREVAN, January 16. /ARKA/. Armenian commercial banks invested a total of 144.6bln drams in government securities by the end of November 2012, reports the webpage of the Central Bank of Armenia. It is an increase of 7.9% as compared to October.

As of the end of November 2012, Armenian residents invested about 241.2bln drams in government securities (a 2.8% increase against the month before).

According to the report, the share of banks’ investments in government treasury bonds was 59.9%, that of the Central Bank – about 29.8%, and that of non-banking agents, dealers and investors – 9.6%.

Overall investments (resident and non-resident) in government treasury bonds were about 241.4bln drams as of the end of November 2012, an increase of 2.8% against October, according to the report. ($1=407.58drams).–0–

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Euro rises by 1.06 points against Armenian dram, while US dollar and ruble fall slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 3, 2025, decreased by 0.05 points compared to July 2 and amounted to 384.46 drams.

Average settlement exchange rate of the dram to the dollar in June was 1% lower than a year ago

In June 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 384.2 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

Armenia takes first step toward regulating crypto assets

On Thursday, the National Assembly of Armenia approved in the second and final reading a draft law On Crypto Assets and amendments to a number of related laws.

LATEST NEWS

spot_imgspot_imgspot_img