Fri, 19 September
14.1 C
Yerevan
USD: 382.59 RUB: 4.62 EUR: 452.83 GEL: 140.01 GBP: 522.58

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

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

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