Sat, 27 September
23.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Armenia’s monetary base fell by 3.1% in April

YEREVAN, June 3. /ARKA/. Armenia’s monetary base reduced by 3.1% in April compared to March to about 755.5 billion drams, ArmStat reported based on preliminary information from the Central Bank of Armenia.

Cash outside the Central Bank amounted to about 392.6 billion drams as of the end of April, compared to about 382.5 billion drams in March.

Mandatory reserves in drams totaled over 189.5 billion drams against over 182.16 billion at the end of March; those in foreign currencies exceeded 170.4 billion drams versus about 209.4 billion as of the end of March.

Net international reserves less money from privatization were over 504.9 billion by the end of February, a reduction of 7.3% compared with March.

Net internal assets totaled over 250.6 billion drams as compared to 234.8 billion drams at the end of March. ($1=413.49drams). –0–

spot_img

POPULAR

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

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

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

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img