Armenian Central Bank’s assets reduce 3.1% to AMD 379.2 billion in 2014

YEREVAN, April 22. /ARKA/. Assets of the Central Bank of Armenia totaled AMD 379.2 billion in late December 2014 after shrinking 3.1% or by AMD 43.5 billion over one year, the press office of the regulator reports.

Assets in foreign currencies made up about 56.2% of the central bank’s total assets in late December 2014 against 68.3% in late December 2013 and amounted to about AMD 775.2 billion after contracting by AMD 197.3 billion or 20.3% over one year.

The assets placed in banks and other financial establishments in foreign currencies reduced by 20% to AMD 238.3 billion.

Assets in the International Monetary Fund amounted to AMD 66.3 billion in late December 2014 against AMD 58.2 billion in late December 2013.

According to the report, the central bank’s foreign currency assets for sale totaled AMD 2.7 billion against AMD 1.6 billion and assets in foreign currencies kept until expiration of repayment deadline exceeded AMD 94.1 billion in late December 2014 showing a 20.4% year-on-year contraction.

Cash in foreign currencies amounted to AMD 18.2 billion in late December 2014 after reducing 3.3 times since the beginning of that year.

The regulator’s other assets in foreign currencies totaled about AMD 240.4 million against AMD 124.9 million.

Assets in drams exceeded AMD 604 billion showing about 34.2% year-on-year growth.

The central bank’s investments in dram assets for sale amounted to AMD 127 billion (11.8% growth). General assets in drams totaled to AMD 78.2 billion (0.8% growth) and invisible assets amounted to AMD 1.8 billion (1.2% growth). Other assets in drams grew 11.2% to AMD 10.2 bilion. ($1 – AMD 473.96). –0–

spot_img

POPULAR

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img