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-

spot_img

POPULAR

30 years of trust, partnership, and shared values: Ameriabank CEO congratulates ARKA on its anniversary

Ameriabank CEO Artak Hanesyan congratulated ARKA News Agency on its 30th anniversary.

Net non-commercial remittances in Armenia accelerated to 11.7% in March – WB

Net non-commercial remittances in Armenia increased by 11.7% year-on-year in March, following a 5.2% year-on-year increase in February, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

VTB (Armenia) Improves Terms for Real Estate-Secured Loans

VTB (Armenia) has updated the terms of its consumer loans secured by real estate, making the product more accessible and flexible for retail clients. Under the updated offer, clients can apply for a loan of up to 30 million drams, using residential or commercial real estate as collateral within the country.

Dollar and euro exchange rates against the Armenian dram fell, while the ruble rose: 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 May 18, 2026, fell by 0.19 points compared to May 15, to 368.04 drams.

LATEST NEWS

spot_imgspot_imgspot_img