Armenia’s Central Bank said today it decided to leave the refinancing rate unchanged at 5.5%. It said the Lombard repo rate is 7% and the interest rate on funds raised from banks is 4%
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Archive for January, 2020
Armenian central bank leaves refinancing rate unchanged
Friday, January 24th, 2020Yerevan-2800 silver collectible coin wins 3rd place at Coin Constellation competition in Russia
Friday, January 24th, 2020The Yerevan-2800 silver collectible commemorative coin, issued by the Central Bank of Armenia in 2018, won the 3rd place in the Coin of the Year nomination at the 13th international competition Coin Constellation 2019 in the Russian Federation
Ardshinbank issues Eurobonds totaling $300 million
Friday, January 24th, 2020Ardshinbank has issued Eurobons in unprecedented amount – USD 300 million at the lowest ever interest rate – 6.5%, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page
Armenian premier reports about first in central bank's first currency purchase at forex market
Friday, January 24th, 2020The Central Bank of Armenia has bought USD 5 million at the forex market, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page
Armenia to abolish forex dealers' license
Thursday, January 23rd, 2020Armenia’s National Assembly has approved today in the first reading a package of bills to amend the Law on Licensing, as well as several related laws
Justice to be established - interests to be paid to Armenian depositors for first day
Thursday, January 23rd, 2020The National Assembly of Armenia amended Thursday at the first reading the Civil Code. Thanks to the amendment, depositors will have interests also for the first day of their deposits
Armenia Securities Exchange launched a new government bond auction platform
Wednesday, January 22nd, 2020Armenia Securities Exchange said today it has modernized the government bond auction platform with totally new QUIK software
Armenian law-enforcement bodies' access to banking secrecy expands
Wednesday, January 22nd, 2020Armenia’s National Assembly has approved today in the second and final reading a set of amendments to the laws on criminal procedure and on bank secrecy. Before coming into force they need to be signed into law by the president of the country
Armenian deputy prime minister and ADB Yerevan office head discuss further cooperation
Wednesday, January 22nd, 2020Armenia’s Deputy Prime Minister Tigran Avinyan received today the new director of the Yerevan Office of the Asian Development Bank (ADB) Paolo Spantigati.
Armenian 12-month inflation in 2019 was 0.7 percent
Monday, January 20th, 2020Armenia’s consumer prices in 2019 December were up 0.7% from the same month in 2018, according to the report of the National Statistical Committee (NSC)
