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

Economy
инфляция, экономика, бизнес
инфляция, экономика, бизнес

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

Capital market

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.
Economy

ADB expects inflation in Armenia to accelerate to 3.8% in 2026, despite slower growth

The Asian Development Bank (ADB) expects inflation in Armenia to accelerate in 2026, despite slower growth.
Announces

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.
Announces

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.
Economy

Central Bank of Armenia should be prepared to raise refinancing rate – IMF

The Central Bank of Armenia should be prepared to raise the refinancing rate as needed to return inflation to the target level amid rising inflationary pressures and heightened uncertainty, stated Alexander Timan, head of the IMF mission to Armenia.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Coupon bonds by Global Credit will be placed on NASDAQ OMX Armenia
Coupon bonds by Global Credit will be placed on NASDAQ OMX Armenia
Next article
Рубль, рубли
Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles