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

Banks

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

Banks

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.
Crypto

Tokenization among the priorities of the Central Bank of Armenia’s digital asset strategy

Martin Galstyan, Governor of the Central Bank of Armenia, responded to a question from the ARKA news agency about whether the regulator is considering drafting a law on tokenization.
Economy

Armenia has introduced a new model for assessing public debt sustainability

Armenia has introduced a new model for assessing public debt sustainability, while maintaining the previous ones.
Economy

Armenia’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."
Announces

Food and non-alcoholic beverages accounted for approximately 59% of Armenia’s inflation in February – WB

n February, inflation in Armenia rose to 4.3% (y/y) from 3.8% (y/y) in January. According to the World Bank's "Armenia Monthly Economic Update – March 2026," food and non-alcoholic beverages continued to be the largest contributors, increasing in price by 6.5% and contributing approximately 59% to overall inflation.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
карточка от АКБА
ACBA-CREDIT AGRICOLE BANK surprised orphanage after Mari Izmirlian within VISA “Barebar” charity card project
Next article
карточка от АКБА
Areximbank-Gazprombank Group to pay for meals of children from vulnerable families in Armavir province for 20 days