YEREVAN, April 24. /ARKA/. The chairman of Armenia’s Central Bank Artur Javadyan has downplayed today fears that the resignation of prime minister Serzh Sargsyan may destabilize the Armenian national currency dram.

Speaking to reporters after visiting the Tsitsernakaberd genocide memorial to remember the 1.5 million Armenians killed by the authorities of Turkey during World War 1, Javadyan said any unstable situation in the country leads to financial destabilization, but as for the possible devaluation of the Armenian dram, there are no such threats, especially that the regulator is carrying out all necessary measures.

According to the Central Bank, the USD traded on April 23 at 480.13 drams. The greenback began slightly losing its value against the dram from April 11, when it traded at 483.12 drams. Overall, since the beginning of the year the Armenian currency has shown stability trends versus the US dollar, and all exchange rate fluctuations were within the seasonal limits. -0-

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YEREVAN, November 22. /ARKA/. Armenia’s Central Bank has unveiled today the prototypes of composite banknotes of the third generation, which are expected to be put into circulation in November 2018, when the Central Bank will mark the 25th anniversary of introduction of Armenian national currency- the dram. Composite are banknotes are banknotes made partly of […]

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Armenia’s Central Bank’s intervention in the local foreign exchange market since the beginning of the year has amounted to $100 million so far, Arthur Javadyan, chairman of the Central Bank, told journalists on Monday

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Arman Barseghyan, Retail Operations Director at Ameriabank, downplayed today allegations that the exchange rate of the Armenian national currency

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The Moscow Exchange is very likely to start trading the Armenian dram against the Russian ruble before 2020

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The average market exchange rate of US dollar against the Armenian dram has dropped today by 0.15 points from September 19 to 478.23 drams

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In 2016 Armenia’s Central Bank released a total of 28.9 billion drams to finance mortgage programs

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In 2016 Armenia’s Central Bank released a total of 28.9 billion drams to finance mortgage programs

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The Armenian authorities may drive the national currency down, according to Haykakan Zhamanak (Armenian Time)

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Armenia’s Central Bank is making drastic changes in its monetary policy, which have coincided with change of prime minister and formation of a new government, the local daily ‘Haykakan Zhamanak’ (Armenian Time) says in its today’s issue

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