Armenia’s gross international reserves grew by 5% in q3 to $1.625.5 billion

YEREVAN, November 26. /ARKA/. At the end of the third quarter Armenia’s gross international reserves stood at approximately $1.625.5 billion, having grown by 5.1% from the end of the previous quarter when they were worth $1.545.7 billion, the Central Bank of Armenia said.

In July Armenia’s gross international reserves increased by 10%, while in August and September they fell by 3.3% and 1.2% respectively.

Armenia’s Special Drawing Right (SDR) at the IMF at the end of the reporting period stood at approximately $409,100, down from $996,000 at the beginning of third quarter. -0-

spot_img

POPULAR

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

Coffee, a Break, and Up to 10% idcoin with Idram&IDBank

Sometimes the best ideas are born not in the office or around the meeting table, but during a break.

LATEST NEWS

spot_imgspot_imgspot_img