Inflation report 2020/2 (Monetary Policy Program Q2 2020, Status report on Implementation of the Monetary Policy Program Q1 2020)
2020-06-26 10:13
Executive summary
The inflation targeting strategy of the Central Bank of Armenia highlights the importance of communicating of the Bank to the general public by publishing, inter alia, quarterly inflation reports.
The first section of the inflation report includes the Monetary Policy Program that provides main directions of the monetary policy in the forecast horizon as well as forecasts of inflation and other macroeconomic indicators. These forecasts are based on the Bank’s...
An online training was delivered for the representatives of supervising bodies of non-financial institutions
2020-06-18 08:12
On June 17 Financial Supervision department and Financial Monitoring Center of the Central Bank of Armenia jointly organized an online training for the representatives of supervisory authorities of non-financial institutions as foreseen in the RA Law on Anti-money laundering and Terrorism Financing, in particular RA Ministry of Justice, RA Ministry of Finance, RA State Revenue Committee, RA Chamber of Advocates and Association of Accountants and Auditors of...
Refinancing rate reduced by 0.5 percentage points to 4.50 percent
2020-06-16 06:17
Refinancing rate reduced by 0.5 percentage points to 4.50%
At its June 16, 2020 meeting, the Board of the Central bank of Armenia decided to cut the refinancing rate by 0.5 percentage points to 4.5%.
There was 0.1% deflation in May 2020, compared to 0.4% deflation recorded in the same month of the previous year, in which case the 12-month inflation has increased, amounting to 1.2%.
Due to the coronavirus pandemic, the world economy is expected to register one of its biggest historic...
Statistical overview (May. 2020)
2020-05-30 14:53
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Status Report on Implementation of the Monetary Policy Program (Q2, 2019 - Q1, 2020)
2020-05-26 20:12
(2020/1) During the year preceding the second quarter of 2020, the inflationary environment persisted at a low level in Armenia. It was mainly attributable to more-than-expected contractionary fiscal policy carried out by the Armenian Government and the deflationary effects transmitted from the outside world. During 2019 some structural factors, such as increased competition in the commodity market and the shift in demand from non-durable consumer goods market to durable consumer goods market,...
INFORMATION On the Structure of International Reserves of the Republic of Armenia 2020 year, I quarter
2020-05-26 17:41
INFORMATION On the Structure of International Reserves of the Republic of Armenia 2020 year, I...
Lists established under UNSC resolutions were amended
2020-05-22 08:14
On 21 May 2020, the Committee established pursuant to the UN Security Council resolutions 1267/1989/2253 approved amendments to the list of individuals and entities associated with ISIL (Da’esh) and...
3 collector coins were issued
2020-05-20 07:55
3 collector coins were issued
Yeghishe Tadevossian – 150th anniversary of the birth
Yeghishe Tadevossian (1870-1936) is one of the well-known masters of Armenian landscape and portrait painting. He is an honored art worker of the Armenian SSR. Tadevossian was born in Vagharshapat, Armenia. He studied at Ter-Hakobyan boarding house in Tiflis (1879-1881), Moscow’s Lazarian Seminary (1881-1885) and School of Painting, Sculpture and Architecture (1885-1894). He worked as an art...
List established under UNSC resolution was amended
2020-05-12 08:16
On 11 May 2020, the Committee established pursuant to the UN Security Council resolution 1718 approved suplements to the list of individuals and entities associated with the...
Financial Stability Report (2019 annual report)
2020-05-08 12:01
This Financial Stability Report presents an assessment of potential risks that could threaten the stability of the Republic of Armenia's financial system as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia’s macroeconomic environment is available in the Status Report on Monetary Policy Implementation. Previous publications of the Financial Stability Report are available on the official website of the Central Bank of Armenia:...
Collector coins of the Republic of Armenia-2019
2020-05-06 17:39
Dear reader,
We are pleased to present our annual journal of the “Collector Coins of the Republic of Armenia”, which is dedicated to the coins issued by the Central Bank of Armenia in 2019.
The year was outstanding for a number of historic events and anniversary celebrations of prominent Armenians. In 2019, the Central Bank of Armenia issued collector coins to mark the 150th anniversary of two great Armenians _ Hovhannes Tumanyan and Komitas. These anniversaries virtually deserve...
List established under UNSC resolution was amended
2020-05-06 08:18
On 05 May 2020, the Committee established pursuant to the UN Security Council resolution 2127 approved amendments to the list of individuals and entities associated with Central African...
Statistical overview (April. 2020)
2020-04-30 14:50
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Annual report 2019
2020-04-28 07:58
Governor's address
Dear reader,
This is the annual report of the Central Bank of the Republic of Armenia for 2019. In 2019 the Central Bank ensured the main goals of price and financial stability, further contributing to the macroeconomic stability. Maintaining price stability strengthened, during the year. Inflation remained low, at 0.7 percent at the end of the year. Low inflation has contributed to anchoring of inflation expectations and more confidence in the national currency, and steady...
Refinancing rate cut by 0.25 pp to 5.0 percent
2020-04-28 06:15
Refinancing rate cut by 0.25 pp to 5.0%
At the April 28, 2020 meeting, the CBA Board decided to cut the refinancing rate by 0.25 percentage points, setting it at 5.0%.
There was 0.5% inflation in March 2020, compared to that of 0.1% registered in the same month of the previous year, with the 12-month deflation rate having reduced to 0.1%.
The spread of coronavirus and resultant healthcare measures to fight it are having a major negative impact on the global economy, including the economic...