YEREVAN, September 15. /ARKA/. Armenia's Central Bank  has revised its  GDP decline forecast for 2020 to 6.2% , Central Bank Chairman Martin Galstyan told reporters on Tuesday.

He said according to the updated estimates, the country's economy will drop this year by  6.2%, up from the earlier predicted decline within 4%.

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Chairman of the Central Bank of Armenia Martin Galstyan explained Tuesday the decision of the Central Bank Board to keep the refinancing rate unchanged, at 4.5%

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The Board of the Central Bank of Armenia decided Tuesday to leave the refinancing rate unchanged, at 4.5%, the press service of the regulator reported

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Members of the National Assembly of Armenia elected Thursday in a secret ballot a new member of the Board of the Central Bank of Armenia

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Armenia’s Central Bank said today its hotline phone number has failed. It added that the failure is due to the problems facing by fixed and mobile communications company Ucom, which occurred the day before due to fluctuations in electricity.

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Armenia’s GDP will decline more by the end of 2020 than most of the forecasts predict, the chairman of the Central Bank Martin Galstyan stated at a parliamentary meeting on Thursday

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The Central Bank of Armenia is monitoring price stability to prevent a drop in the purchasing power of citizens, Central Bank Chairman Martin Galstyan said at an extraordinary parliamentary meeting on Wednesday

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Armenia’s Central Bank has cut today the refinancing rate by 0.5 percentage points, setting it at 4.5%. It said the 12-month inflation in May 2020 rose to 1.2%

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Armenia’s Central Bank’s strategy is to help enhance a dramatic rise in non-cash instruments, Central Bank Chairman Artur Javadyan said in an interview with ‘Haykakan Zhamanak’ daily

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Arthur Javadyan, the present chairman of the Central Bank of Armenia, is leaving his post, but will remain in the financial and banking system of the country, Prime Minister Nikol Pashinyan said at a government meeting on Thursday

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