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

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

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.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

LATEST NEWS

spot_imgspot_imgspot_img