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Armenian central bank head points out two aspects that should have positive effect on foreign exchange rate

16.12.2020 15:17

Armenian central bank head points out two aspects that should have positive effect on foreign exchange rate

YEREVAN, December 16. /ARKA/. Chairman of the Central Bank of Armenia Martin Galstyan, speaking Tuesday at a news conefernce, pointed out two aspects that should have a positive effect on the exchange rate.

“According to our estimates, we do not see any problems of external flows in the currency market, that is, from the side of comparing flows from the real sector - import-export, transfers, direct foreign investments - there is nothing extraordinary, and in fundamental terms we see no problems with the exchange rate currency,” Galstyan said.

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Armenian central bank makes interventions in forex market and intends to intervene again

16.12.2020 15:13

Armenian central bank makes interventions in forex market and intends to intervene again

The Central Bank of Armenia has already intervened in the foreign exchange market in the amount of $ 60 million and will perform operations again, Chairman of the Central Bank of Armenia Martin Galstyan said Tuesday at a press conference

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Ruling majority nominates David Nahapetyan for vacant position of Central Bank Board member

01.12.2020 20:33

Ruling majority nominates David Nahapetyan for vacant position of Central Bank Board member

The ruling My Step parliamentary majority has nominated David Nahapetyan for the vacant position of a member of the Board of the Central Bank of Armenia

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Armenia's hard currency reserves drop to $2.449.2 billion, central bank says

24.11.2020 22:27

Armenia's hard currency reserves drop to $2.449.2 billion, central bank says

At the end of the third quarter of 2020, Armenia’s hard currency reserves stood at $2.449.2 billion, down from $2.648.2 billion at the beginning of the quarter, the Central Bank said in a report

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Armenia's central bank planning operations in the country's currency market in order to ensure normal functioning of financial markets - EXCLUSIVE

24.11.2020 14:43

Armenia's central bank planning operations in the country's currency market in order to ensure normal functioning of financial markets - EXCLUSIVE

The Central Bank of Armenia plans to conduct operations in the country’s currency market in order to ensure the normal functioning of financial markets, Harutyun Berberian, spokesman for the Central Bank of Armenia, told ARKA News Agency on Tuesday

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Armenian central bank to cut capital investments by 90% in 2021

03.11.2020 13:50

Armenian central bank to cut capital investments by 90% in 2021

The Central Bank of Armenia will cut capital investments by 90% in 2021, Central Bank Chairman Martin Galstyan said Monday at parliamentary hearings on the draft state budget for 2021

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Armenia’s central bank plans cuts to increase wages - Galstyan

03.11.2020 13:49

Armenia’s central bank plans cuts to increase wages - Galstyan

The Central Bank of Armenia plans cuts in the system to raise wages in 2021, Central Bank Chairman Martin Galstyan said on Monday during parliamentary hearings on the draft government budget for 2021

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Armenia’s central bank sees no need to interfere in exchange rate fluctuations

28.10.2020 17:30

Armenia’s central bank sees no need to interfere in exchange rate fluctuations

The Central Bank of Armenia has not carried out interventions over the past month and does not see the need to interfere in the fluctuation of the exchange rate, Central Bank Chairman Martin Galstyan said Tuesday at a press conference

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Armenian central bank leaves refinancing rate unchanged – at 4.25%

27.10.2020 14:21

Armenian central bank leaves refinancing rate unchanged – at 4.25%

The Central Bank of Armenia left Tuesday the refinancing rate unchanged, at 4.25%, the press service of the regulator reports

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Armenian Central Bank inclined to consider room for easing refinancing rate

16.09.2020 14:13

Armenian Central Bank inclined to consider room for easing refinancing rate

The Central Bank of Armenia is inclined to consider in the near future the possibility of easing the refinancing rate, Central Bank Chairman Martin Galstyan told reporters on Tuesday.
In his words, with regard to the magnitude of the change, everything will be clear at the next meeting, which will take place in eight weeks

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