Sat, 8 November
6.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenia’s gross international reserves rose by 2.5% to $1,794.3mln

YEREVAN, September 30. /ARKA/. Armenia’s gross international reserves totaled $1,794.3 million in August 2013, an increase of 2.5% compared to July, the Central Bank of Armenia reported today.

The assets kept in convertible currencies only amounted to $1,728.5 million.

According to the report, SDR in the IMF totaled $65.6 million in late August against $74.4 million in late July. ($1=AMD 405.06).   –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img