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

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

LATEST NEWS

spot_imgspot_imgspot_img