Armenia’s public debt grows 1.8% to $6 898.1 million in January 2018

YEREVAN, February 28. /ARKA/. Armenia’s total public debt amounted to $6 898.1 million in late January 2018 after growing 1.8% or by $123.5 million over the month, the National Statistical Service reports.

The country’s foreign debt grew by $80.6 million to $5 575.5 million, where about $4 963 million is the Armenian government’s debt (growth by $69.6 million), and $612.4 million is the central bank’s debt (growth by $10.9 million).

Armenia’s internal debt grew by $42.8 million to $1 322.6 million, where the government bonds bought by residents total about $1 160.6 million, government bonds in foreign currencies amounted to $152.9 million and internal guarantees to $9 million. –0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

LATEST NEWS

spot_imgspot_imgspot_img