Fri, 13 February
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Yerevan
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Armenian forex reserves down 3.5 percent in March

YEREVAN, April 8 / ARKA /. Armenia’s foreign exchange reserves totaled $1.622 billion at the end of March, down 3.5% or $58.7 million from $1.681 billion a month earlier, the central bank said on Thursday.

It said foreign exchange reserves in convertible currencies stood at $1.608 million. At the end of March SDR at IMF stood at $13.9 million.-0-

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Inflation of 3.8% Recorded in Armenia in January

Twelve-month inflation (January 2026 compared to January 2025) in Armenia's consumer market stood at 3.8%, according to a report from the Statistical Committee of Armenia.

Armenia to Receive €120.5 Million IBRD Loan for Tourism Development Program

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

The average exchange rate of the Armenian dram to the US dollar in January was 4.5% lower than a year ago

In January 2026, the average exchange rate of the Armenian dram to the US dollar was 380 drams, compared to 397.9 drams in January 2025.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (February 2–8)

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

Armenian pensioners urged to choose a bank for cashless payments by March 5

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

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