The Board of the CBA left the refinancing rate unchanged at 5.75 percent
2019-03-12 06:27
The Board of the CBA left the refinancing rate unchanged at 5.75%
In the March 12, 2019 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged, at a 5.75% level.
There was 0.6% inflation in February of 2019, compared with 0.5% deflation registered in the same month of 2018, in which case the 12-month inflation rate has increased, amounting to 1.9%. The rise in prices of seasonal products has totally contributed to the month’s...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2019-01-29 06:25
The Board of the CBA lowered the refinancing rate by 0.25%
In the January 29, 2019 meeting, the Board of the Central Bank of Armenia (CBA) decided to cut the refinancing rate by 0.25 pp to 5.75%.
There was 1.5% inflation in December of 2018, in which case the 12-month inflation rate amounted to 1.8%. Prices of seasonal products have shaped at a relatively low level, with some decline in core inflation. As a result, a low inflationary environment will persist over the upcoming months while the...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-12-25 07:28
The Board of the CBA left the refinancing rate unchanged 6.0%
In the December 25, 2018 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged: at the level of 6.0%.
There was 1.0% inflation in November of 2018 against that of 2.0% registered in the same month of the previous year, which was mainly due to a relatively low growth of prices of seasonal products. In this circumstance, the 12-month inflation rate has reduced to 1.8% at the end...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-11-13 07:25
The Board of the CBA left the refinancing rate unchanged 6.0%
In the November 13, 2018 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged: at the level of 6.0%.
There was 0.1% inflation in October of 2018, in which circumstance the 12-month inflation rate has reduced to 2.8% at the end of the month. At the same time, the core inflation rate has also slowed down slightly. The Board of the CBA estimates that in the upcoming months the...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-09-25 07:22
The Board of the CBA left the refinancing rate unchanged 6.0%
At the September 25, 2018 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 0.6% inflation in August of 2018 compared to 0.4% deflation registered in the same month of the previous year, and the 12-month inflation rate increased, amounting to 3.3% at the end of the month. The Board of the CBA states that both the headline and core...
High-Level Conference “25 Years of Stability and Future Challenges” at the Central Bank of Armenia
2018-09-15 07:14
High-Level Conference “25 Years of Stability and Future Challenges” at the Central Bank of Armenia
Dilijan Training and Research Centre of the Central Bank of Armenia hosted a high level international conference, dedicated to Armenian national currency – dram’s 25th anniversary.
Welcoming the guests, the Governor of the Central Bank of Armenia Arthur Javadyan noted, that this conference also symbolizes the 25th anniversary of independent monetary policy-making. During...
25 years of National Currency and Yerevan-2800 collector coins are issued
2018-09-14 04:59
25 years of National Currency and Yerevan-2800 collector coins are issued
25 years of National Currency
The national currency of the Republic of Armenia, Dram, is one of the symbols of the independent statehood.
Dram was introduced on November 22, 1993. Since that time the Central Bank of Armenia has been issued the banknotes and later on the circulation and commemorative coins, as well investment coins which are of great interest among collectors.
Starting from 1994 the Central Bank of...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-08-14 07:19
The Board of the CBA left the refinancing rate unchanged 6.0%
At the August 14th of 2018 meeting, the Board of the Central Bank of Armenia (the CBA) decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 1.2% deflation in July of 2018 against that of 2.6% reported in the same month of the previous year, and the 12-month inflation rate somewhat increased, amounting to 2.3% at the end of the month. At the same time, core inflation reduced to some extent in July, still...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-06-26 07:16
The Board of the CBA left the refinancing rate unchanged 6.0%
At the June 26th of 2018 meeting, the Board of the Central Bank of Armenia (the CBA) decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 1.0% deflation in May of 2018 against that of 0.2% reported in the same month of the previous year, and the 12‐month inflation rate continued reducing, amounting to 1.6% at the end of the month. The shaping of low inflation environment owed primarily to the decline...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-05-15 07:07
The Board of the CBA left the refinancing rate unchanged 6.0%
At the May 15th of 2018 meeting, the Board of the Central Bank of Armenia (the CBA) decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 0.3% deflation in April of 2018 against 1.0% inflation registered in the same month of the previous year, and the 12‐month inflation rate notably reduced during the month amounting to 2.4%. The low inflation environment owed to both the slowing of core inflation rate...
The Statement of the Central Bank of Armenia on “crypto-assets”
2018-05-07 06:30
The Statement of the Central Bank of Armenia on “crypto-assets”
In recent years, the so-called “cryptocurrencies” (e.g. Bitcoin, Ethereum, etc.) have been increasingly popular in the world, and people, businesses, mass media, as well as regulatory authorities and international organizations give attention to.
The Central Bank of Armenia keeps a watchful eye on the developments in the cryptocurrencies. After having examined international experience and relevant...
The “Noah’s Ark” of Armenia is the best
2018-04-04 06:07
The “Noah’s Ark” of Armenia is the best
The “Noah’s Ark”, the first collector banknote of the Republic of Armenia, which was put into circulation on November 22, 2017 in celebration of the 24th anniversary of the national currency of the Republic of Armenia, has won “The Best Regional Banknote of the Year” award at the High Security Printing EMEA (Europe, Middle East, Africa), held in Warsaw, Poland in February this year.
The prize has been...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-03-27 07:02
The Board of the CBA left the refinancing rate unchanged 6.0%
At the March 27th of 2018 meeting, the Board of the Central Bank of Armenia (the CBA) decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 0.5% deflation in February of 2018, relative to 0.9% deflation registered in the same month of the previous year, with the 12‐month inflation rate having amounted to 3.3% at the end of the month. The Board of the CBA considers that, in the light of expected external...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2018-02-13 06:48
The Board of the CBA left the refinancing rate unchanged 6.0%
At the February 13th of 2018 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 2.7% inflation in January of 2018, almost as much asthe indicator registered in the same month of the previous year, and the 12‐month inflation rate amounted to 2.7% at the end of the month. Moreover, direct and indirect effects of change in tax and customs duties were...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-12-26 08:34
The Board of the CBA left the refinancing rate unchanged 6.0%
At the December 26th of 2017 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the level of 6.0%.
There was 2.0% inflation in November of 2017 against that of 1.0% registered in the same month of the previous year. During the month, the 12‐month inflation rate accelerated and it amounted to 2.2% at the end of the month. The CBA Board anticipates that by the end of year 2017 the...