Tue, 1 July
25.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

Monetary base in November 2015 grew by 1.2% from October to about 844.1 billion drams, national statistical service

YEREVAN, January 11. /ARKA/. Monetary base in Armenia in November 2015 grew by 1.2% from October to about 844.1 billion drams, the National Statistical Service said citing preliminary data of the Central Bank.

It said also cash outside the Central Bank at the end of November amounted to more than 379.9 billion drams, up from 376.7 billion drams in October.

Correspondent accounts in drams fell to 297.6 billion drams from 308.6 billion drams at the end of October, while correspondent accounts in foreign currency fell to the equivalent of 152.8 billion drams from 156.5 billion drams.

Net international reserves (without privatization funds) at the end of November 2015 were worth more than 406.3 billion drams, having decreased by 2.6% from October.

The amount of net domestic reserves amounted to approximately 437.8 billion drams against 417.1 billion drams at the end of October. ($ 1- 484.68 drams). -0-

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img