Armenia’s gross international reserves in late July 2016 stood at $1. 588.8 billion

YEREVAN, August 5. /ARKA/. Armenia’s gross international reserves in late July 2016 stood at $1. 588.8 billion, an increase of 1.43% over the previous month, the Central Bank said today.

The country’s external assets in freely convertible currency in July 2016 stood at $1.587.8 billion (a 1.7% growth). According to the regulator, special drawing rights (SDR) at the IMF were worth $1 million. -0-

spot_img

POPULAR

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

Bankruptcy will be regulated in Armenia

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the RA Bankruptcy Code in the first reading, along with the accompanying legislation.

Armenia and IMF discuss a new standby arrangement

Armenian Deputy Prime Minister Mher Grigoryan and International Monetary Fund (IMF) Deputy Managing Director Marnix von Rey noted the importance of approving a new standby arrangement with the IMF and its full implementation.

Armenia’s public debt-to-GDP ratio in 2025 was 47.3% – Finance Ministry

The public debt-to-GDP ratio by the end of 2025 is 47.3%, below the target of 50%, stated Armenian Finance Minister Vahe Hovhannisyan.

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

LATEST NEWS

spot_imgspot_imgspot_img