Sat, 6 September
27.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s external reserves total USD 2 billion 849 million in late 2019

KAPAN, January 25. /ARKA/. Armenia’s external reserves totaled USD 2 billion 849 million by the end of 2019 after growing 26% or by USD 590 million since late 2018, Armenian Prime MInister Nikol Pashinyan said Saturday at a news conference in Kapan.

“The Central Bank has bough USD 565 million over 2019 with no sales,” he said. “This is an unprecedented indicator in the Third Republic’s history, which ensures reliability and stability to Armenia’s financial system.” -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.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img