The appreciation of Armenia's national currency limits the demand for exports of most goods and services, the Eurasian Development Bank (EDB) says in its latest macroeconomic review.

Renaissance Capital believes that the Central Bank of Armenia may reduce the refinancing rate to 7% in 2024 and 5% in 2025

Unibank has issued AMD and USD bonds with high coupon yields of 11% and 5% respectively, the bank’s press service said in a press release today

Eldesco Company has opened a metalworking plant in Armenia with unique equipment, capable of manufacturing structures of any complexity, as well as various metal products

The AMD remained mostly stable in November. As of December 4, the AMD/USD exchange rate stood at AMD 403.1, which is 1.8 percent weaker (yoy), the World Bank says in its Armenia monthly economic update – December 2023

We are not in a hurry to introduce digital drams, but certain resources will be invested in opportunities for issuing our own electronic money," Chairman of the Central Bank of Armenia Martin Galstyan said today