YEREVAN, April 16. /ARKA/. Martin Galstyan, a member of Armenia's Central Bank Board, nominated by the ruling My Step parliamentary faction as a candidate to replace Artur Javadyan as chairman of the regulator, was asked during a parliament session today whether he believes that the regulator must be vested with broader authority.

“I believe that in the current situation the goals of the regulator are to ensure the stability of prices and the financial system. What it needs now is only effective coordination,” he said.

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The board of the Central Bank of Armenia decided Tuesday to leave the key refinancing rate unchanged – at 6%, the regulator’s press office reports

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A slight outflow of financial resources from Armenia’s banks was seen in April and May because of political events, Andranik Grigoryan, the head of a Central Bank department in charge of financial stability, said on Wednesday

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Arthur Javadyan, chairman of the Central Bank of Armenia, flew to Moscow today to attend the 16 meeting of the heads of the Eurasian Economic Union member countries’ national banks, the Armenian regulator’s press office reported on Thursday

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The Central Bank of Armenia has no intention to continue easing its monetary policy for speeding up inflation – it says too low interest rates can create potential economic and financial risks

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The Central Bank of Armenia is likely to lower the refinancing rate, according to Haykakan Zhamanak

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Armenia’s Central Bank on Tuesday cut the refinancing rate by 1 percentage point to 8.75%, saying also the inflation in 2015 November dropped to 0.6% from 1.3% in 2014 November, making the 12-month inflation in 2015 November 1.2%

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The Central Bank of Armenia announced today two auctions to sell at each auction short-term government bonds worth 500 million

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The 12-month inflation will fluctuate between 2.5 and 5.5 percent and will come close to the projected indicator by the end of this year, the Central Bank of Armenia says in its inflation report based on its monetary policy for the second quarter of this year and the first quarter’s results

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The Central Bank of Armenia warns Armenian citizens against dealing with Ross Group Company, which offers assistance in repayment of loans, the regulator’s press office reported on Friday

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