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

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

Artur Nakhshikyan has joined the Supervisory Board of Unibank

Artur Nakhshikyan, Director of Operational Risk Management at the Black Sea Trade and Development Bank, has been elected as an independent member of Unibank’s Supervisory Board.

A 5 MW solar power plant was built in the village of Lanjar with the assistance of Acba Leasing

Lanjar Energy's 5 MW solar power plant with a capacity of 9 million kWh is located in the village of Lanjar in the Ararat region.

International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

Global institutional investors own approximately 7-8% of Armenia's dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img