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  • Archive for February 24th, 2014

    RESO insurance company’s clients can follow online indemnity getting process for damaged cards

    Monday, February 24th, 2014

    RESO insurance company said today its clients can from now on follow online the process of getting compensations for damages their insured vehicles got in traffic accidents and receive also appropriate notices without leaving their homes

    Central Bank lowers reserve requirements in national currency from 4% to 2 %

    Monday, February 24th, 2014

    Armenia’s Central Bank has lowered the reserve requirement in the national currency, the dram, from 4% to 2 % late last year as part of easing its monetary policy

    Armenia’s Central Bank auctions 500 million drams worth short-term government bonds

    Monday, February 24th, 2014

    Armenia’s Central Bank said it today has auctioned 500 million drams worth short-term government (treasury) bonds of AMGT13265143 issue maturing in 13 months

    Armenian Central Bank expects no tangible cuts in interest rates on lending in foreign encage

    Monday, February 24th, 2014

    Arthur Stepanyan, a member of Armenian Central Bank Board, said today the regulator’s latest decision to cut its key refinancing rate earlier this month by 0.25 percentage point to 7.5 percent is unlikely to have any substantial impact on interest rates at local forex market

    Central Bank board expects private remittances to Armenia this year to grow by 7-9%.

    Monday, February 24th, 2014

    Arthur Stepanyan, an Armenian Central Bank Board member, said today the regulator expects the amount of private remittances to Armenia this year to grow by 7-9%

    Armenia’s Central Bank expects 2.5-5.5 percent inflation this year

    Monday, February 24th, 2014

    Armenia’s Central Bank has forecast a 2.5%-5.5% inflation for this year. In 2013 the 12-month inflation rate was 5.6 %, which almost coincided with the upper threshold of the permissible fluctuation

    Armenia’s commercial banks purchase over $88.8 mln at intra-banking forex market last week

    Monday, February 24th, 2014

    Armenian commercial banks purchased more than $88.8mln at a weighted average rate of 411.38drams per $1 in intra-banking foreign exchange market on February 17-21

    Nearly $28.3 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, February 24th, 2014

    The Central Bank of Armenia said nearly $28.3 million was traded at NASDAQ OMX Armenia stock exchange from February 17 to 21