Fri, 26 September
24.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Armenia’s monetary base shrinks 4.7% in November

YEREVAN, January 9. /ARKA/. Armenia’s monetary base shrank 4.7% in November, compared with October, to AMD 848.6 billion, the National Statistical Service reports referring to the central bank’s preliminary figures.

Cash outside of the central bank amounted to AMD 405.4 billion in late November against 411.6 billion in late October.

Correspondent accounts in drams totaled AMD 280 billion against about AMD 285.6 billion in late October, and those in foreign currencies amounted to AMD 157.9 billion against AMD 186 billion.

Net international reserves (without money from privatization) totaled about AMD 483.5 billion in late November after shrinking 6.2% over the month.

Net internal assets amounted have shrunk from AMD 375 billion in late October to AMD 365.5 billion in late November. ($1- AMD 483.94). —0—-

spot_img

POPULAR

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img