Fri, 5 December
-5.9 C
Yerevan
USD: 381.14 RUB: 4.94 EUR: 444.68 GEL: 141.15 GBP: 508.59

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img