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    May 2022
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  • Archive for May 16th, 2022

    Arrival of foreigners in Armenia pushed demand up

    Monday, May 16th, 2022

    The arrival of tens of thousands of foreigners to Armenia, mainly from Russia over the last two and a half months, triggered by Russia’s ‘special operation’ in Ukraine, has increased the demand in the local market, but on the other hand, it has become one of the reasons to push inflation up, Hovhannes Khachatryan, Deputy Chairman of the Central Bank of Armenia, said today while presenting a report on regulator’s performance in 2021

    Moscow Exchange will consider launching trading in Armenian drams

    Monday, May 16th, 2022

    The Moscow Exchange is planning to expand the list of traded foreign currencies by adding the Armenian drams, RBC reported quoting three sources from the financial market