Armenia’s monetary base rose to 679.6bln as of end April

YEREVAN, May 31. /ARKA/. Armenia’s monetary base rose by 5.4% to about 679.6 billion drams as of the end of April, ArmStat reports.

Cash outside the Central Bank exceeded 399.3bln drams as of the end of April as compared to 395.6bln drams in March, according to the report.

Mandatory reserves in drams amounted to over 193.7bln drams against more than 161.9bln drams as of the end of March; those in foreign currency exceeded 82.9bln drams as compared to over 84.4bln drams by the end of March.

Net international reserves (excluding privatization funds) totaled about 379.3bln drams as of the end of April, a 0.25% decrease compared to March.

Net internal assets were over 300.3bln drams against over 264.7bln drams as of the end of March. ($1=416.71drams). –0–

spot_img

POPULAR

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

LATEST NEWS

spot_imgspot_imgspot_img