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

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.31 points on September 10, 2026, compared to September 9, to 363.89 drams.

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

LATEST NEWS

spot_imgspot_imgspot_img