Armenia’s international gross reserves shrink 3.3% to $1 646 million in August

YEREVAN, September 30. /ARKA/. Armenia’s international gross reserves totaled $1 646 million in late August 2015 after shrinking 3.3% over one month, according to preliminary figures of the Central Bank of Armenia.

The country’s external assets in freely convertible currencies totaled $1 646.3 million.
According to the report, SDR in the International Monetary Fund amounted to $0.4 million in late August.

It should be mentioned that Armenia’s international gross reserves shrank 33.8% or by $762.3 million over 2014 to $1 489.3 million amid devaluation of the national currency. The decline continued in 2015. The country’s international reserves amounted to $1 260.9 million in February. —-0—-

spot_img

POPULAR

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

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).

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

LATEST NEWS

spot_imgspot_imgspot_img