Two weeks ago, the US dollar traded at 387 drams; today it is trading at 420-450 drams, economist Hrant Mikayelyan said
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Archive for October 4th, 2023
Economist: panic operations in Armenia's financial market should be suspended to avoid negative consequences
Wednesday, October 4th, 2023Central Bank of Armenia to intervene in the currency market in case of serious failure
Wednesday, October 4th, 2023After setting the floating exchange rate regime the Central Bank of Armenia has not been targeting any level of the exchange rate, monitoring instead the situation in the currency market on a daily basis being ready in case of a serious failure to intervene with its tools
Inflation of 0.1% registered in Armenia in September on annualized basis
Wednesday, October 4th, 2023The 12-month inflation in Armenia’s consumer market in late September 2023 amounted to 0.1%, the National Statistical Committee (NSC) reported
