Armenia’s central bank has reserved $185 million since the beginning of the year

YEREVAN, June 28, /ARKA/. Armenia’s Central Bank has reserved $185 million since the beginning of the year, Prime Minister Nikol Pashinyan said on Thursday before the beginning of a Cabinet session.

According to him, positive trends in the country’s economy are having positive impact on foreign exchange market. As a result, the Central Bank is increasing its currency reserves.

“A week ago, the Central Bank had reserved $140 million. In one week the reserves have amounted to $185 million. In fact, over the last week, the Central Bank has increased the reserves by $50 million, and this is a good impulse,” said Pashinyan.

Earlier, the head of the Central Bank Arthur Javadyan stated in the parliament that since April 2019 the Central Bank has bought $140 million in the local foreign exchange market. ($1 – 477.33 drams). –0–

spot_img

POPULAR

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

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.

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.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

LATEST NEWS

spot_imgspot_imgspot_img