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

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img