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Armenia’s international gross reserves slash by $762.3 million in 2014

YEREVAN, January 21. / ARKA /. Armenia’s international gross reserves slashed by almost 34 percent (or $762.3 million) in late December from the start of the year to $1.489.3 billion, the Central bank said, adding that the reserves dropped by 3.1% from the previous month of November.

According to the regulator, reserves in foreign currency stood at $1.483.1 billion and reserves in Special Drawing Rights (SDR) at the IMF stood at $6.2 million. ($ 477.91 drams) .- 0-

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US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

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