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Armenia’s gross external reserves at the end of may 2019 down $24.3 million

YEREVAN, June 10. /ARKA/. Armenia’s gross external reserves at the end of May 2019 stood at $2.126.4 billion, having decreased by $24.3 million or 1.13% from the previous month, according to the Central Bank of Armenia.

It said the country’s external assets in freely convertible currencies were worth $2.090.8 billion. Also Armenia had special borrowing rights (SDR) at the IMF worth $33.6 million, up from $2.1 million in April. -0-

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

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Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

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