Armenia’s forex reserves grew by 19 percent in 2015 to $1.775.3 billion

YEREVAN, April 22. /ARKA/. At the end of 2015 Armenia’s gross forex reserves stood at about $1.775.3 billion, up 19.2% from $1.489.4 billion at the beginning of the year, the press service of the Central Bank of Armenia said today.

Armenia’s special drawing rights (SDR) at the IMF at the end of the reporting period stood at approximately $2.8 million, down from $6.2 million.

In 2014 Armenia’s gross forex reserves slashed by 33.8% or $762.3 million to $1. 489.3 billion. They continued to fall in 2015 as well. Thus, forex reserves  in February 2015 fell to $1.260.9 billion. -0-

spot_img

POPULAR

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

LATEST NEWS

spot_imgspot_imgspot_img