Armenia’s gross international reserves down 1.2% to about to $2.9 billion

YEREVAN, February 28. /ARKA/. At the end of 2018 December Armenia’s international gross reserves totaled $2.286.9 billion, down by 1.2% or $27 million from the previous month, according to the Central Bank of Armenia.

Foreign assets in hard currency stood at $2.284.9 billion. According to the Central Bank, the special drawing rights (SDR) at the IMF stood at $1.9 million. ($ 1 – 480.99 drams). -0-

spot_img

POPULAR

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

LATEST NEWS

spot_imgspot_imgspot_img