Minister: no decision for selling precious metals from state depository

YEREVAN, January 29./ARKA/. On Wednesday, Armenian Finance Minister David Sargsyan, denying media reports that the government is selling precious metals and stones from the State Depository for Precious Metals, said that there was no such a decision.

On January 23, the government decided not to sell precious metals and precious stones from the state depository.

Sargsyan said that the government has never sold anything from the depository. He also said that 89 kilograms of gold are kept here now. Of them 14 kilograms are bank bullions, and the remaining gold is scrap gold that has been seized from criminals or smugglers.

Now the depository has precious metals and precious stones worth AMD 1.86 billion, of which AMD 1.24 billion scrap gold and the remaining amount is bank bullions. There are also 3,036 artificial stones, 102 kilograms of artificial pearls and other precious metals. ($1 – AMD 408.08). –0—

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 9, 2026, fell by 0.08 points compared to June 8, to 368.45 drams.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

LATEST NEWS

spot_imgspot_imgspot_img