Sun, 22 February
9.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Monetary base in Armenia shrinks 1.7% to AMD 718.8 billion in September

YEREVAN, November 3. /ARKA/. Monetary base in Armenia shrank 1.7% in September 2014, compared with August, to AMD 718.8 billion, National Statistical Service reports referring to the figures received from the Central Bank of Armenia.

Cash outside of the central bank amounted to more than AMD 416.6 billion in late September against about AMD 422.3 billion in late August.

Mandatory reserves in drams totaled about AMD 177.1 billion against AMD 166 billion, and those in foreign currencies totaled AMD 121 billion against 138.1 billion.

Net international reserves (less money from privatization) contracted by 4.4% in September, compared with August.

Net internal assets amounted to about AMD 264.9 billion in late September against AMD 256.3 billion in late August. ($1- AMD 411.26). —0—-

spot_img

POPULAR

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img