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Armenia’s gross international reserves total $2 174.4 million in late November 2017

YEREVAN, December 7. /ARKA/. Armenia’s gross international reserves totaled $2 174.4 million in late November 2017 after growing 2.6% or by $55.6 million over the month, the Central Bank of Armenia says in its preliminary report.

Foreign assets in freely convertible currencies amounted to $2162.5 million in November 2017.

The regulator says SDR in the International Monetary Fund amounted to $10.9 million. ($1 – AMD 484.96). –0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Fitch Ratings affirms ACBA Bank’s  Long-Term Foreign-Currency  Issuer Default Rating at ‘BB-‘ 

Fitch Ratings has affirmed ACBA Bank OJSC's (ACBA) Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'BB-' and its Viability Rating (VR) at 'bb-'.

Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

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