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

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

IMF committed to close and long-term cooperation with Armenian authorities – Managing Director

The IMF is committed to close and long-term cooperation with the Armenian authorities, stated IMF Managing Director Kristalina Georgieva in a congratulatory message to Armenian Prime Minister Nikol Pashinyan on his victory in the parliamentary elections.

LATEST NEWS

spot_imgspot_imgspot_img