Armenia’s gross international reserves totaled $ 1,669.7mln in May

YEREVAN, June 28. /ARKA/. Armenia’s gross international reserves totaled $ 1,669.7 million in May, an increase of 1.9% compared to May, says the website of Armenia’s Central Bank.

Most part of assets is kept in hard currency ($1,635.1mln).

According to the report, SDR in IMF amounted to $34.4 million as of the end of the reporting period, as compared to $13.7 million ($1=409.60drams).–0–

spot_img

POPULAR

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img