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  • Archive for October 7th, 2015

    US dollar loses 1.08 points against Armenian dram

    Wednesday, October 7th, 2015

    The US dollar lost today 1.08 points against Armenian dram and was trading at the local forex market at the average weighted exchange rate of 472.37 drams, the Central Bank said. The Euro traded at 530.0 drams

    Credit portfolio of banks in Karabakh grows by 14 percent to 87.3 billion drams

    Wednesday, October 7th, 2015

    As of October 1, 2015 the total credit portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic (NKR) increased by 13.8% from the same period of 2014 to 87.289.4 billion drams, the National Statistical Service of NKR said. But compared to the previous month the portfolio was less by 2%

    The 12-month inflation in late September was 3.3 percent

    Wednesday, October 7th, 2015

    Consumer prices in 2015 September were 3.3 percent higher from 2014 September, according to the latest numbers, released today by the National Statistical Service of Armenia (NSS)

    Armenian Central Bank not to buy gold yet

    Wednesday, October 7th, 2015

    Given the current prices of gold Armenia’s Central Bank is not going to buy it from international markets now, a deputy governor of the Central Bank, Nerses Yeritsyan, told the parliament on Tuesday and recalled that Armenia has no gold reserves at all

    Rates on dram loans may drop depending on several factors, central bank deputy governor says

    Wednesday, October 7th, 2015

    Interest rates on loans in Armenian national currency, the dram, may drop depending on inflation forecasts, monetary policies and the refinancing rate, a deputy governor of the Central Bank, Nerses Yeritsyan, told the parliament on Tuesday