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Central bank of Armenia to ensure price and financial system’s stability

10.04.2018 18:53

Central bank of Armenia to ensure price and financial system’s stability

YEREVAN, April 10. /ARKA/. Armenia’s Central Bank said today that since April 9 it has basically two main goals: to ensure price and financial system’s stability. According to amendments and additions approved by the parliament last December to the Law on the Central Bank in the second and final reading, the regulator’s major functions are to ensure financial stability, while the monetary policy will be determined not for 12 months, but for three years, which will make it more predictable.

The Central Bank said the latest global financial crises showed that in order to ensure macroeconomic stability, central banks, in parallel to ensuring price stability, should attach also importance to ensuring financial stability.

It said since then many countries with low inflation and moderate economic growth have been building in parallel highly fluctuating financial cycles that violate the macroeconomic balance. To ensure a general equilibrium in the economy, the regulation of the financial segment in parallel with the regulation of business segments has become a challenge for national banks in many countries around the world.

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Gold price in Armenia down to 17, 935.87 drams per one gram

14.08.2017 15:43

Gold price in Armenia down to 17, 935.87 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from August 7 to 13, 2017. The new prices were for one gram of chemically pure metals

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Gold price in Armenia down to 17,707.82 drams per one gram

11.07.2017 19:00

Gold price in Armenia down to 17,707.82 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from July 3 to 9, 2017. The new prices were for one gram of chemically pure metals

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Gold price in Armenia down to 17, 928.59 drams per one gram

05.06.2017 17:08

Gold price in Armenia down to 17, 928.59 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from May 29 to June 2, 2017

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Gold price in Armenia down to 17,550.19 drams per one gram

22.05.2017 17:31

Gold price in Armenia down to 17,550.19 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from May 15 to May 21, 2017

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Gold buying price in Armenia ups to 18,205.63 drams per one gram

25.04.2017 17:01

Gold buying price in Armenia ups to 18,205.63 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from April 17 to April 23, 2017

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Gold buying price in Armenia down to 17,352 drams per one gram

27.03.2017 18:22

Gold buying price in Armenia down to 17,352 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from March 20 to March 26, 2017

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Gold buying price drops in Armenia to 17,447 drams per one gram

20.03.2017 18:49

Gold buying price drops in Armenia to 17,447 drams per one gram

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from March 13 to March 19, 2017

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Gold buying price ups to 17, 919 drams in Armenia

13.03.2017 19:07

Gold buying price ups to 17, 919 drams in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from March 6 to March 12, 2017

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Gold buying price up 1.6% in Armenia

30.01.2017 20:49

Gold buying price up 1.6% in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from January 23 to January 29, 2017

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