Armenia’s gross international reserves rose by 51% to $2,430.5mln in Q3

YEREVAN, November 18. /ARKA/. Armenia’s gross international reserves totaled $2,430.5 million as of the end of the third quarter 2013, an increase of 51% compared to the beginning of the quarter, the Central Bank of Armenia reported.

Assets kept in convertible currencies amounted to $2,430,550,067.65.

According to the report, SDR in the IMF totaled $6.4 million at the end of the reporting period against $33.9 million in the beginning of Q3.

Net external assets rose by 86.9% or $809 million to a total of about $ 1,739,080,985.61 by the end of Q3. The increase was recorded mainly due to placement if Eurobonds worth a total of $689.6 million.

On September 19 Armenia has issued its first Eurobonds worth $700 million with a redemption period of 7 years and a yield of 6%. The main underwriters of the issue were DeutscheBankAG, HSBCBankplc and J.P.MorganSecuritiesplc. ($1=405.33drams). –0–

spot_img

POPULAR

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

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.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

LATEST NEWS

spot_imgspot_imgspot_img