Armenia’s gross foreign reserves grew by 0.9% in late October to $1.839.1 billion

YEREVAN, November 17. /ARKA/. Armenia’s gross foreign reserves in late October, 2016 stood at $1. 839.1 billion, having increased over the month by 0.9% or $17.4 million, the Central Bank said.

It said foreign reserves in freely convertible currency in October 2016 were worth $1.831.9 billion.

According to the regulator, special drawing rights (SDR) at IMF at the end of the reporting period stood at $7.3 million ($ 1 – 479.03 drams).. -0-

spot_img

POPULAR

Ranking of Armenia’s most profitable banks for the first nine months of 2026

The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026.

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended

YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...

LATEST NEWS

spot_imgspot_imgspot_img