YEREVAN, April 21. /ARKA/. Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank’s “Armenia Monthly Economic Update – March 2026.”
According to the Central Bank of Armenia, Armenia’s gross international reserves as of March 2026 amounted to $5,542.4 million, compared to $5,520.7 million in February 2026 and $3,926.1 million in March 2025.
The WB study notes that the Armenian dram remained stable against the US dollar (MoM) in March and strengthened by 2.3% against the euro (MoM). “In March, the dram strengthened by 3.9% year-on-year against the US dollar, while it weakened by 2.8% and 2.4% year-on-year against the euro and the Russian ruble, respectively,” the bank’s analysts note.
According to Armstat, the average settlement exchange rate for the Armenian dram to the US dollar was 377.4 drams in March 2026, compared to 392.8 drams in March 2025.
