Armenia’s monetary base grows 2.2% in October to AMD 734.6 billion

YEREVAN, November 28. /ARKA/. Monetary base in Armenia grew 2.2% in October, compared with September, to AMD 734.6 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of the central bank amounted to more than AMD 419.7 billion in late October against AMD 416.6 billion in late September.

Mandatory reserves in drams totaled about AMD 180.9 billion in late October against AMD 177.1 billion in late September, and those in foreign currencies totaled AMD 131 billion in late October against about AMD 121 billion in late September.

Net international reserves less funds from privatization totaled more than AMD 457.8 billion in late October after growing 0.8% over the month.

Net internal assets amounted to more than AMD 276.8 billion in late October against AMD 264.9 billion in late September. ($1- AMD 433.86). –0–

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  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 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

LATEST NEWS

spot_imgspot_imgspot_img