Armenia’s gross international reserves rose by 0.2% to $1771.6mln in February

Economy

YEREVAN, March 29. /ARKA/. Armenia’s gross international reserves grew by 0.2% to $1771.6 million in February against January, the webpage of Armenia’s central bank reports.

The vast majority of the assets, $1,749.9 million, is in hard currency.

Special Drawing Rights (SDR) in IMF amounted to $21.6mln as of the end of February, a reduction of 32% compared to January. ($1=419.08drams).–0–

spot_img

POPULAR

Banks

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.
Economy

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.
Banks

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.
Exchange market

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.
Announces

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Cypriot banks operate Friday in normal mode
Next article
Armenia posts 0.4% month-over-month inflation in March