All news related to national currency

Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

17.12.2018 16:40

Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

YEREVAN, December 17. /ARKA/. The Central Bank denies certain media sources’ allegations that Armenia’s national currency will drop soon and that the country will face default.
Harut Kbeyan, the regulator’s spokesman, said on his Facebook page that this is no more than a mere fiction of these media sources.

In particular, this allegation was released by Zhamanak with reference to the newspaper’s sources close to the authorities, and certain media sources disseminated it.

“The information that has nothing in common with the reality was published in one of the newspapers,” the central bank spokesman said. “More than that – such fictions are aimed at creation of adverse outlooks and formation of artificial conduct.”

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Armenian national currency not affected by ‘velvet revolution’

07.05.2018 14:46

Armenian national currency not affected by ‘velvet revolution’

Armenia’s national currency, the dram, has not been affected by the “velvet revolution”, head of the National Union of Employers Gagik Makaryan told ARKA

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Armenian finance minister expects no additional pressure on national currency from foreign debt repayment

10.02.2017 12:33

Armenian finance minister expects no additional pressure on national currency from foreign debt repayment

Vardan Aramyan, Armenian finance minister, thinks the increase in the foreign debt servicing burden is unlikely to put additional pressure on the Armenian dram

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Armenia ends 2016 with firm national currency – economist

17.01.2017 14:12

Armenia ends 2016 with firm national currency – economist

This is the second consecutive year Armenia stands out from former Soviet republics for its monetary policy and stable national currency, Tatul Manaseryan, head of Alterantive think tank, told journalists on Monday

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Newspaper: Armenian authorities may devaluate dram

02.11.2016 16:13

Newspaper: Armenian authorities may devaluate dram

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

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Armenian residents' deposits in national currency increased by 6.4% in February

05.04.2016 18:32

Armenian residents' deposits in national currency increased by 6.4% in February

Armenian residents’ deposits in the national currency, the dram, in commercial banks increased by 6.4% in February 2016 from January to 551.9 billion drams

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Bank deposits in Armenia’s national currency decline by 3.3% in 2016 January

03.03.2016 18:02

Bank deposits in Armenia’s national currency decline by 3.3% in 2016 January

Resident bank deposits in Armenia’s national currency, the dram, declined by 3.3% in 2016 January when compared to December 2015

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Interest rates on bank deposits in drams decreased in 2016 January

24.02.2016 16:19

Interest rates on bank deposits in drams decreased in 2016 January

Interest rates on bank deposits in Armenia’s national currency, the dram, decreased in 2016 January when compared to the previous month, while interest rates on deposits in USD grew, according to the Central Bank of Armenia data

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Armenia’s central bank again steps in to inject $15 million in currency market to shore up national currency

10.02.2016 18:57

Armenia’s central bank again steps in to inject $15 million in currency market to shore up national currency

On Tuesday Armenia’s Central Bank again stepped in to inject $15 million in the local currency market in an apparent effort to shore up the national currency, the dram, a local daily ‘Haykakan Zhamanak’ (Armenian Time) says in a story in its today’s issue

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MP says Armenia’s central bank spends from $1 billion to $1.5 billion a year to shore up national currency

09.02.2016 17:57

MP says Armenia’s central bank spends from $1 billion to $1.5 billion a year to shore up national currency

Armenia’s Central Bank has to spend from $1 billion to $1.5 billion a year to shore up the exchange rate of the national currency, the dram, ex-prime Hrant Bagratyan said today

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