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Tag: SDR

Two EFF tranches to Armenia to total 23.48 mln SDR by end of year

Economy admin -
IMF’s two tranches to Armenia under the Extended Facility Fund (EFF) will amount to a total of 23.48 million SDR by the end of the year, said the head of IMF Armenia mission Mark Horton after his visit to the country on September 17-30

Government approves IMF board of governors’ decision to increase quota for Armenia from 98 million SDR to 128.8 million SDR

Economy admin -
The Armenian government has approved today a decision by IMF Board of Governors on December 15, 2010 to increase the quota for Armenia from 98 million SDR to 128.8 million SDR

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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