Armenia’s monetary base grown 10% over July

YEREVAN, August 30. /ARKA/. Armenia’s monetary base grew 10% in July 2013, compared with the previous month, to about AMD 724.9 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of the central bank amounted to AMD 415.3 billion in late July against more than AMD 404.2 billion in late June.

Mandatory reserves in drams totaled more than AMD 166.7 billion in late July against AMD 147.6 billion in late June, and those in foreign currencies exceeded AMD 139.6 billion in July against over AMD 104.5 billion in June.

Net international reserves less funds from privatization reached AMD 406.9 billion in late July after growing 10% over one month.

Net internal assets amounted to more than AMD 317.9 billion in late July against AMD 289.2 billion in late June. ($1 – 405.91). —0—-

spot_img

POPULAR

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Head of Union of Banks: Resources like ARKA are extremely important

Professional media covering the economy and financial sector, such as ARKA news agency, play a vital role in increasing public financial literacy and awareness.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img