Tue, 4 March
3.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Armenia’s monetary base increased 0.2% to AMD 851.7 billion in April

YEREVAN, June 1. /ARKA/. Armenia’s monetary base grew 0.2% in April 2016, compared with the previous month, to AMD 851.7 billion, the National Statistical Service reported Tuesday referring to the central bank’s preliminary figures.

Cash outside the central bank amounted to AMD 362.5 billion in late April against AMD 349.2 billion in late March.

Correspondent accounts in drams totaled AMD 357.7 billion against around AMD 332.8 billion respectively, and those in foreign currencies amounted to AMD 125.7 billion against AMD 162.6 billion.

Net international reserves (excluding money from privatization) totaled AMD 400.6 billion in late April after shrinking 6.3% over one month.

Net internal assets grew to AMD 451.1 billion in late April from AMD 422.2 billion in late March. ($1- 477.66). –0—

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img