{"id":157650,"date":"2024-10-23T07:24:41","date_gmt":"2024-10-23T07:24:41","guid":{"rendered":"https:\/\/armbanks.am\/2024\/10\/23\/251784\/"},"modified":"2024-12-15T13:56:17","modified_gmt":"2024-12-15T13:56:17","slug":"armenias-international-reserves-fall-in-september-leading-to-lowest-import-cover-in-a-decade","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/10\/23\/157650\/","title":{"rendered":"Armenia&#8217;s international reserves fall in September, leading to lowest import cover in a decade"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, October 23. \/ARKA\/. <\/strong>Armenia&#8217;s international reserves fell slightly in September by $39 million, bringing import coverage to 2.3 months, the lowest in a decade, according to the World Bank&#8217;s \u2018\u2019Armenia Monthly Economic Update \u2013 October 2024\u2019\u2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In September, the AMD was almost stable against the USD and appreciated slightly against the RUB. In comparison to September 2023, the AMD to USD exchange rate was 1.5 percent (yoy) stronger, while the AMD to RUB exchange rate was 3.7 percent (yoy) weaker.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The CBA continued to purchase FX from the market to smooth exchange rate sharp fluctuations.<br>According to the Central Bank, Armenia\u2019s international gross reserves in September amounted to $3.57 billion compared to $3.6 billion in August. ($1 &#8211; 387.21 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s international reserves fell slightly in September by $39 million, bringing import coverage to 2.3 months, the lowest in a decade, according to the World Bank&#8217;s \u2018\u2019Armenia Monthly Economic Update \u2013 October 2024\u2019\u2019.<\/p>\n","protected":false},"author":1,"featured_media":158548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":["post-157650","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Armenia&#039;s international reserves fell slightly in September by $39 million, bringing import coverage to 2.3 months, the lowest in a decade, according to the World Bank&#039;s \u2018\u2019Armenia Monthly Economic Update \u2013 October 2024\u2019\u2019.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2024\/10\/23\/157650\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Armenia\u2019s international reserves fall in September, leading to lowest import cover in a decade - 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