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

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 19, 2026, rose by 0.17 points compared to May 18, to 368.21 drams.

Unisport reaches the finals of the Futsal Armenian Cup and Premier League

Unisport FC continues to deliver strong performances in Armenian futsal, competing successfully in both the Futsal Armenian Cup and the Futsal Armenian Premier League. The team once again confirmed its high level by securing places in the finals of two major tournaments.

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

Inflation in Armenia rose in April amid tensions due to the Middle East conflict and in supply chains – WB

Inflation in Armenia continued to rise in April amid tensions due to the Middle East conflict and in supply chains, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

VTB (Armenia) Improves Terms for Real Estate-Secured Loans

VTB (Armenia) has updated the terms of its consumer loans secured by real estate, making the product more accessible and flexible for retail clients. Under the updated offer, clients can apply for a loan of up to 30 million drams, using residential or commercial real estate as collateral within the country.

LATEST NEWS

spot_imgspot_imgspot_img