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Armenia’s external reserves up 2 percent in one month to $1.982.2 billion

YEREVAN, June 19. /ARKA/. Armenia’s external reserves in May 2017 amounted to $1.982.2 billion, having increased by 2% or $42.7 million from the previous month, the Central Bank said. It said also foreign reserves in freely convertible currency in May 2017 stood at $1.974.5 billion.

According to the regulator, the country’s special drawing rights (SDR) at the IMF stood at $7.8 million at the end of the reporting period ($ 1 – 481.77 drams). -0-

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

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.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Unibank Becomes the Gold Sponsor of FC Alashkert

Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.

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