Refinancing rate has been reduced by 0.5 pp
2024-01-30 17:10
The Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.5 pp, setting it at...
Refinancing Rate Set at 10.75%
2023-03-14 21:43
Refinancing Rate Set at 10.75%
At the March 14, 2023 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged, at 10.75%.
In February 2023, the 12-month inflation continued to decrease to 8.1% at the end of the month. The 12-month core inflation reduced as well, reaching 8.4%.
In the first quarter of 2023, the economic growth in the world and main partner countries of Armenia remains at a low level. The 12-month inflation in Armenia’s...
Meeting with EBRD Representatives
2023-01-17 22:01
On January 16th the Governor of the Central Bank of Armenia Martin Galstyan had a meeting with the European Bank for Reconstruction and Development (EBRD) delegation led by the Vice President for Policy and Partnerships Mark...
Refinancing Rate Set at 10.75 percent
2022-12-13 07:41
Refinancing Rate Set at 10.75%
At the December 13, 2022 meeting, the Board of the Central Bank of Armenia (CBA) decided to raise the refinancing rate by 0.25 pp to 10.75%.
In November 2022, the 12-month inflation decreased to 8.8%. The 12-month core inflation reduced as well, reaching 9.9%.
Global economic activity continue slowing. However, the inflationary environment in Armenia’s main partner countries still persists driven by expanded demand and high inflation expectations....
Refinancing Rate Set at 10.5 percent
2022-11-01 07:39
Refinancing Rate Set at 10.5%
At the November 1, 2022 meeting, the Board of the Central Bank of Armenia (CBA) decided to raise the refinancing rate by 0.5 percentage points, setting it to 10.5%.
In September, 2022, the 12-month inflation rose amounting to 9.9%. The 12-month core inflation also increased, reaching 10.5%.
Slowing trends of economic activity are observed in the global economy. The central banks of advanced countries continue to significantly tighten monetary conditions. This is...
International jury and audience have chosen “Arno Babajanyan-100” as “The Coin of the Year” of 2021
2022-10-24 06:20
International jury and audience have chosen “Arno Babajanyan-100” as “The Coin of the Year” of 2021
At the 16-th international numismatic contest “Money Constellation-2022” the “Arno Babajanyan-100” silver collector coin issued by the Central Bank of Armenia in 2021, has been awarded in 3 nominations at a time:
“The Coin of the Year” – the 1-st place “The Best Artistic Solution” – the 3-rd...
Collector coin “Ohan Dourian-100” has been put into circulation
2022-09-13 08:09
Collector coin “Ohan Dourian-100” has been put into circulation
The Central Bank of Armenia has put the silver collector coin “Ohan Dourian-100” into circulation starting September 13, 2022.
The collector coin dedicated to the 100th anniversary of Ohan Dourian's birth
OHAN DOURIAN (Ohanes Khachaturyan, 1922-2011) is a renowned Armenian conductor, composer, People's Artist of the Armenian SSR (1967).
Born in Jerusalem, he received musical education at the Jerusalem...
Refinancing Rate Set at 10 percent
2022-09-13 07:38
Refinancing Rate Set at 10%
At September 13, 2022 meeting, the CBA Board decided to raise the policy rate by 0.5 percentage points setting it at 10%.
In August 2022, 12-month inflation decreased to 9.1% at the end of the month. 12-month core inflation continued to grow reaching 10.2%.
In the third quarter of 2022, low economic growth and high inflation continued to sustain in the main partner countries of Armenia. The central banks of advanced countries will continue to conduct...
Refinancing Rate Set at 9.5 percent
2022-08-02 07:36
Refinancing Rate Set at 9.5%
At the August 2, 2022 meeting, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 0.25 pp, setting it at 9.5%.
In June 2022, the 12-month inflation continued to rise, amounting to 10.3%. The 12-month core inflation also increased, reaching 9.4%.
Disruptions to global supply chains persisted during the second quarter. A slowdown in economic activity is observable in the main partner countries of Armenia. Certain easing of...
The Central Bank of Armenia and the Warsaw Stock Exchange signed the contract of the sale of the Armenia Securities Exchange
2022-06-28 13:06
The Central Bank of Armenia and the Warsaw Stock Exchange signed the contract of the sale of the Armenia Securities Exchange
Today, on June 28th , in Yerevan, the Governor of the Central Bank of Armenia Martin Galstyan and President of the Management Board of the Warsaw Stock Exchange (GPW) Marek Dietl signed an agreement on the sale of a majority interest in the Armenia Securities Exchange (AMX).
“We consider this investment as a long-term partnership. Our aim is to recreate with joint...
Meeting with IMF Representatives
2022-06-23 08:26
Meeting with IMF Representatives
Today, June 23, Central Bank Governor Martin Galstyan had a concluding meeting with the International Monetary Fund’s (IMF) delegation led by the Head of the IMF’s Mission to Armenia Iva Petrova.
Mr. Galstyan presented current state of the economy, developments in terms of monetary policy and financial stability, the Central Bank's policy on price and financial...
Refinancing Rate Set at 9.25 percent
2022-06-14 07:34
Refinancing Rate Set at 9.25%
At June 14, 2022 meeting, the CBA Board decided to leave the refinancing rate unchanged, at 9.25%.
In May 2022, 12-month inflation grew to 9.0%. Meanwhile, the 12-month core inflation grew as well, making 8.4%.
The Russian-Ukrainian conflict continues to have a negative impact on the economic and financial market developments in Armenia’s’ main partner countries. Continuing disruption of the global value chains and the rise in prices in...
Collector coin “Davit Bek” has been put into circulation
2022-05-23 08:20
Collector coin “Davit Bek” has been put into circulation
The Central Bank of Armenia has put the silver collector coin “Davit Bek” into circulation starting May 23, 2022.
The collector coin dedicated to Davit Bek
Davit Bek (date of birth unknown, died at the end of 1728) - a leader of the Armenian national liberation movement, a military commander.
He served in the army of the king of Georgia Vakhtang VI. At the request of the Armenians of Syunik, he entered...
Refinancing Rate Set at 9.25 percent
2022-05-03 07:32
Refinancing Rate Set at 9.25%
At May 3, 2022 meeting, the CBA Board decided to leave the refinancing rate unchanged, setting it at 9.25%.
In March 2022, 12-month inflation grew to 7.4%. 12-month core inflation grew as well, totaling 7.0%.
The Russian-Ukrainian conflict continues, and the uncertainties related to it remain. This has a negative impact on the economic and financial market developments in the main partner countries of Armenia. The slower-than-expected slowdown in economic growth...
World-famous scientist Yuri Hovhannisyan was hosted at the Central Bank of the Republic of Armenia
2022-04-15 08:48
World-famous scientist Yuri Hovhannisyan was hosted at the Central Bank of the Republic of Armenia
On April 14, 2022, the Central Bank of the Republic of Armenia issued a silver commemorative coin dedicated to the chemical element "Oganeson (Og)."
The date of issue of the commemorative coin was chosen on Yuri Hovhannisyan's birthday, after whom the artificial radioactive element "Oganeson (Og)" of Mendeleev's periodic table was...