All news related to interventions

Armenian central bank’s interventions amount to $100 million

31.10.2017 11:12

Armenian central bank’s interventions amount to $100 million

YEREVAN, October 31. /ARKA/. 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.

"We continue the policy of a floating exchange rate, and since the beginning of the year we have poured more than $100 million in dram equivalent into the economy. We bought currency in the market contributing to economic growth and inflation in order to prevent deflation," Javadyan said.

He noted that the Central Bank did not allow excessive revaluation of the national currency in order to exclude its subsequent possible negative impact, including on Armenian exports.

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Ex-governor of Central Bank says large-scale interventions are impermissible with floating exchange rate

25.12.2014 20:06

Ex-governor of Central Bank says large-scale interventions are impermissible with floating exchange rate

A former head of Armenia’s Central Bank, Bagrat Asatryan, has disapproved today of Central Bank’s decision to respond to depreciation of the national currency throughout late November and December

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Armenian Central Bank’s interventions in forex aimed at preventing dram revaluation in 2013

27.05.2014 12:57

Armenian Central Bank’s interventions in forex aimed at preventing dram revaluation in 2013

Interventions by the Central Bank of Armenia in forex market in 2013 aimed at preventing the dram revaluation and supporting exports, head of the Central Bank Artur Javadyan said on Monday

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Armenian CB conducts $79-mln interventions in two months

11.07.2012 14:35

Armenian CB conducts $79-mln interventions in two months

The Central Bank of Armenia sold total of $79 million at the forex market from early May

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