Wed, 3 September
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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.

LATEST NEWS

spot_imgspot_imgspot_img