Armenia’s external gross reserves in April 2017 dropped to $1.939.6 billion

YEREVAN, May 6. /ARKA/. Armenia’s external gross reserves in April 2017 dropped to $1.939.6 billion, down 4.7% or $96.5 million from the previous month, according to the Central Bank of Armenia.

Foreign assets in freely convertible currency stood at $1.929.9 million. According to the regulator, special drawing rights (SDR) at the IMF amounted to $9.7 million. ($ 1 – 484.77 drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rose, while the dollar 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 July 7, 2026, remained unchanged at 367.47 drams.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

LATEST NEWS

spot_imgspot_imgspot_img