Armenia’s gross reserves rose to $5.1 billion in December, providing 4.1 months of import coverage – WB

YEREVAN, January 26. /ARKA/.In December 2025, the AMD/USD exchange rate appreciated slightly on average, compared to the previous month.

The AMD appreciated 3.8 percent (yoy) against the USD in December, while depreciating against the EUR and RUB by 7.6 percent (yoy) and 26.2 percent (yoy), respectively.

According to Armstat, in December 2025, the average exchange rate of the Armenian dram to the US dollar was 381.5 drams.

Gross reserves grew about USD 500 million in December (mostly due to receipt of grants and loans related to the housing reforms), bringing the total reserves to USD 5.1 billion,the highest recorded level, equivalent to 4.1 months of imports.

According to the Central Bank of Armenia, Armenia’s gross international reserves as of December 2025 amounted to $5,086.3 million, compared to $4,609.9 million in November.-0-

spot_img

POPULAR

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

LATEST NEWS

spot_imgspot_imgspot_img