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Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%

10.09.2019 18:42

Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%

YEREVAN, September 10. /ARKA/. Armenia's Central Bank has decided today to cut its key refinancing rate by 0.25 percentage points setting it at 5.5%.

It said in August 2019, prices dropped by 0.4%, facilitated largely by a higher seasonal decline in agricultural produces' prices. As a result, the 12-month inflation continued to decline, reaching 0.6% at the end of the month. Unlike overall inflation, the natural inflation in recent months has demonstrated relatively stable behavior, fluctuating around 1.5%, it said.

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Armenian banks’ extended loans grew by 11 percent to 107.1 billion drams

31.05.2018 20:38

Armenian banks’ extended loans grew by 11 percent to 107.1 billion drams

The amount of extended loans of Armenian banks at the end of April 2018 stood at 107.1 billion drams, an increase of 11% from the previous month, the National Statistical Committee (NSC) reported

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Armenian Central Bank keeps key rate unchanged at 6 percent

28.06.2017 09:16

Armenian Central Bank keeps key rate unchanged at 6 percent

Armenia’s Central Bank decided today to keep the refinancing rate unchanged at 6%. The bank said in a statement that a deflation of 0.2% was recorded in May

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Money transfers to Armenia slash by 38 percent over last three years

26.06.2017 21:45

Money transfers to Armenia slash by 38 percent over last three years

The amount of money transfers sent to Armenia mostly by labor migrant in Russia and some other countries has slashed by 38 percent over the past three years, finance minister Vardan Aramyan

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Armenia’s external reserves up 2 percent in one month to $1.982.2 billion

19.06.2017 21:49

Armenia’s external reserves up 2 percent in one month to $1.982.2 billion

Armenia’s external reserves in May 2017 amounted to $1.982.2 billion, having increased by 2% or $42.7 million from the previous month

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NSS: budget revenue collection rate in five months improves by 1.2 percent to more than 441.4 billion drams

01.07.2016 21:57

NSS:  budget revenue collection rate in five months improves by 1.2 percent to more than 441.4 billion drams

Armenia’s budget revenue collection rate in the first five months of 2016 improved by 1.2 percent from the year ago to more than 441.4 billion drams, according to the National Statistical Service (NSS)

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Central bank’s net domestic assets grew by 7.3 percent

22.06.2016 17:34

Central bank’s net domestic assets grew by 7.3 percent

Armenian Central Bank’s net domestic assets in 2016 Aril were 7.3% higher from the previous month, standing at about 451.1 billion drams, according to the regulator’s monthly bulletin for April 2016

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Transactions by Armenian and foreign banks payment cards drop by 3.6 percent in 2015 April

22.06.2016 17:31

Transactions by Armenian and foreign banks payment cards drop by 3.6 percent in 2015 April

The amount of transactions made by using payment cards issued by Armenian and foreign banks in 2015 April across Armenia decreased by 3.6% from March to about 108.4 billion drams

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U.S. dollar drops by 1.36 percentage point over Armenian dram

23.02.2016 22:51

U.S. dollar drops by 1.36 percentage point over Armenian dram

The average market value of US dollar has dropped today by 1.36 percentage points over the Armenian national currency from February 22 to 493.38 drams, the Central Bank said

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Armenia’s Central Bank cuts key rate by 0.5 percent to 9.75%

10.11.2015 20:12

Armenia’s Central Bank cuts key rate by 0.5 percent to 9.75%

Armenia’s Central Bank said on Tuesday it had cut its key refinancing rate to 9.75 percent from 10.25 percent. The annual inflation in the country was at 1.9 percent in October, down from 3.3 percent in September, according to Central Bank dat

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