YEREVAN, April 25. /ARKA/. Armenia’s international reserves increased to $3.9 billion in March 2025, offering 2.9 months of import coverage, according to the World Bank’s Monthly Economic Update for April 2025.
The report highlights that during March 2025, the Armenian dram maintained a relatively stable exchange rate against the U.S. dollar but saw a notable depreciation against the ruble. Specifically, by the end of March, the dram appreciated by 1.3% against the dollar while it depreciated by 24.4% against the ruble compared to the end of December 2024.
As per the Central Bank of Armenia, the gross international reserves stood at $3,922.2 million as of March 2025, marking a significant increase of 16.3% from the $3,371.5 million recorded in February.
Additionally, the National Statistical Committee reported a 0.7% decline in the exchange rate of the dram against the U.S. dollar in March 2025 compared to February 2025. The average settlement rate for the dram against the dollar for that month was AMD 392.8, reflecting a 1.9% increase from March 2024. ($1 – AMD 389.56).-0-
