Sun, 7 September
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Pashinyan: central bank has bought $521.8 million this year

YEREVAN, November 26. /ARКА/. Armenian Prime Minister Nikol Pashinyan said today that the country’s Central Bank has bought this year $521.8 million.
He said the figure indicates a large influx of currency into Armenia, which he described as ‘a brilliant’ reflection of the stability of the financial system.

He said in a Facebook post that this creates new business opportunities and increases the availability of financial resources. According to him, this is an unprecedented indicator in the history of Armenia.
Earlier, the head of the Central Bank Artur Javadyan stated that as of late September Armenia’s forex reserves reached the record high of $2.39 billion. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img