Thu, 5 February
-0.9 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Armenia’s forex reserves grow to $2,990.6 billion

YEREVAN, June 11. /ARKA/. Armenia’s foreign exchange reserves in late April 2021 stood at $2,990.6 billion, the Central Bank said today, up from $2,615.5 billion in late December, 2020.

The bulk of foreign exchange reserves were external assets worth $2,951.5 billion ($2,606.6 billion in December 2020), of which $1,680.4 billion ($1,780.5 million in December 2020) were securities and $1,271.1 billion ($826.1 million in December 2020) were cash and deposits.

The rest of the reserves were $38.9 million worth SDR. Other reserve assets were worth $0.1 million.

Other foreign currency assets, as of April 2021, stood at $12 million ($26.5 million in December 2020). In 2019, Armenia’s forex reserves increased by 26.1%, or by about $590 million reaching $2.85 billion.

–0–

spot_img

POPULAR

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

LATEST NEWS

spot_imgspot_imgspot_img