Armenia’s international gross reserves grew by 6.4% to $2,313.8 billion

YEREVAN, January 31. /ARKA/. Armenia’s international gross reserves at the end of December 2017 stood at $2,313.8 billion, having increased by 6.4% or $139.5 million from the previous month, the Central Bank of Armenia said.

It said also when compared with the beginning of the year, the reserves increased by $109.7 million.

Foreign assets in hard currency at the end of December 2017 amounted to $2,276.8 billion. According to the regulator, the special drawing rights (SDR) at the IMF were worth $7.2 million ($ 1 – 480.81 drams). -0-

spot_img

POPULAR

An unforgettable day instead of toys: June 1st guide from Idram&IDBank

June 1st, International Children’s Day, is approaching – a perfect occasion to remind everyone about the importance of children’s rights and their well-being.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

Head of Central Bank named two main risks for financial stability

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

LATEST NEWS

spot_imgspot_imgspot_img