Market cost of reserves in state depository of precious metals and precious stones estimated at $3 million

YEREVAN, March 30. /ARKA/. The market cost of reserves in the Armenian State Depository of Precious Metals and Precious Stones of the Ministry of Finance on January 1, 2016 was estimated at 1.462 billion drams or $3 million, the local daily ‘Haykakan Zhamanak” (Armenian Time) says.

According to the newspaper, last year the depository received 661.3 grams of gold and 1,906.7 grams of silver.

The State Depository of Precious Metals and Precious Stones also calculates the value of precious metals and stones in the Armenian museums. Thus, as of January 1, 2016 the Armenian museums had 64.4 kg of gold, 1,477 kg of silver and 500 grams of platinum. -0-

spot_img

POPULAR

Armenian Dram Day to be marked at DigiTec 2026 with a major fintech conference

Armenian Dram Day will be celebrated this year within the framework of the DigiTec 2026 technology exhibition through a large-scale fintech conference, announced Edita Ghazaryan, Executive Director of the Union of Advanced Technology Enterprises (UATE).

Armenia and ADB Discuss New Projects and Areas of Cooperation

Armenian Deputy Prime Minister Tigran Khachatryan and Lyaziza Sabyrova, Country Director for Armenia at the Asian Development Bank (ADB), discussed new areas of cooperation and infrastructure projects.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have risen – Central Bank of Armenia data

he average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, rose by 0.14 points on September 25 compared to September 24, reaching 363.52 drams.

IDBank and the “Dekavva Fund” Stand with People from Artsakh

As part of the “Side by Side” initiative, IDBank has launched a new partnership, this time supporting families forcibly displaced from Artsakh who are currently living in the Sevan community.

ADB maintains Armenia inflation forecast based on 7-month data

The Asian Development Bank (ADB) has kept its inflation forecast for Armenia unchanged at 4.2% for 2026 and 3.5% for 2027, noting that inflation trends over the first seven months were generally in line with expectations.

LATEST NEWS

spot_imgspot_imgspot_img