Collector coins have been put into circulation
2022-04-14 08:28
Collector coins have been put into circulation
The Central Bank of Armenia has put the “30th anniversary of formation of Armenian Army” (gold and silver), “Yeghishe Charents-125” (gold), “Oganesson (Og)” (silver) collector coins into circulation starting April 14, 2022.
Gold and silver collector coins dedicated to the 30th anniversary of formation of Armenian Army
On January 28, 1992, the Government of the Republic of Armenia adopted the historical...
Refinancing Rate Set at 9.25 percent
2022-03-15 07:30
Refinancing Rate Set at 9.25%
At the March 15, 2022 meeting, the CBA Board decided to raise the refinancing rate by 1.25 percentage points, setting it at 9.25%.
In February 2022, both 12-month and core inflation fell in line with the CBA projection, totaling 6.5% and 6.4%, respectively.
In the external sector, in the context of the Russian-Ukrainian conflict, various sanctions have been imposed on Russia's economy. As a result, a significant increase in financial market volatility and...
Refinancing Rate Set at 8.0 percent
2022-02-01 06:59
Refinancing Rate Set at 8.0%
At February 1, 2022 meeting, the CBA Board decided to raise refinancing rate by 0.25 percentage points, setting it at 8.0%.
12-month inflation in December 2021 decreased to 7.7%. 12-month core inflation dropped in line with the CBA projections and totaled 7.3%.
Economic recovery continues in the main partner countries of Armenia. Amid higher energy prices and production chains’ disruptions, high inflationary environment in the international...
Loan Agreement on the 3rd stage of the Small and Medium Enterprise Lending Program Signed
2021-12-20 08:31
Loan Agreement on the 3rd stage of the Small and Medium Enterprise Lending Program Signed
Within the framework of the financial cooperation agreement between the governments of the Federal Republic of Germany and the Republic of Armenia, on December 20, the Central Bank of the Republic of Armenia and the German KfW Bank signed a loan agreement on the 3-rd stage of the Small and Medium Enterprise Lending Program, which will be accompanied by a technical assistance. Total amount of the credit is...
Refinancing rate raised by 0.5 percentage point - 7.75 percent
2021-12-14 12:14
Refinancing rate raised by 0.5 percentage point - 7.75%
At December 14, 2021 meeting, the CBA Board decided to raise refinancing rate by 0.5 percentage points, setting it at 7.75%.
Inflation in November 2021 totaled 1.7%, compared to 1.3% in the same month of the previous year, as a result of which the 12-month inflation grew to 9.6%.. After stable performance in recent months, the 12-month core inflation increased in November,, reaching 8.4%.
Strong recovery of economic activity and...
Refinancing Rate Set at 7.25 percent
2021-11-02 12:13
Refinancing Rate Set at 7.25%
At the November 2, 2021 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at 7.25%.
Inflation in September 2021 stood at -0.1%, compared to -0.2% inflation in the same month of the previous year. As a result, the 12-month inflation remained unchanged at 8.9%. In September, the 12- month core inflation remained stable at 8.0%.
Despite the rapid spread of the new type of coronavirus worldwide, recovery of economic...
The Central Bank of Armenia announces the issuance of the collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth
2021-10-13 07:58
The Central Bank of Armenia announces the issuance of the collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth
On October 13, 2021 the Central Bank of Armenia puts into circulation the silver collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth.
Alexander Spendiaryan (1871-1928) is a great Armenian composer, conductor, pedagogue, a musical and social activist, People’s Artist of the Armenian SSR (1926). In...
The Central Bank of Armenia announces the issuance of the collector coin “30th Anniversary of Commonwealth of Independent States”
2021-10-01 07:46
The Central Bank of Armenia announces the issuance of the collector coin “30th Anniversary of Commonwealth of Independent States”
On October 1, 2021 the Central Bank of Armenia puts into circulation the silver collector coin “30th Anniversary of Commonwealth of Independent States”.
The Commonwealth of Independent States (CIS) is an intergovernmental union founded on December 8 th of 1991 under an Agreement on the establishment of the CIS by the leaders of Belarus,...
Refinancing rate raised by 0.25 percentage point - 7.25 percent
2021-09-14 12:11
Refinancing rate raised by 0.25 percentage point - 7.25%
At the September 14, 2021 meeting, the CBA Board decided to raise the refinancing rate by 0.25 pp, setting it at 7.25%.
Inflation of 0.4% was recorded in August 2021 as opposed to deflation of 0.1% registered in the same month of the previous year, in which case the 12-month inflation has continued to increase amounting to 8.8% at the end of the month; the 12-month core inflation in August persisted around 8.0% as well.
In the...
The collector coin dedicated to the 30th anniversary of the Republic of Armenia has been issued
2021-09-13 08:46
The collector coin dedicated to the 30th anniversary of the Republic of Armenia has been issued
September 21, 1991 marks the beginning of the period of the Third Republic in the history of Armenia. The symbols of the statehood – the flag, the coat of arms and the anthem of the Republic of Armenia have been defined. State awards – titles, orders and medals have been established.
The national currency of the Republic of Armenia, the Armenian dram, was put into circulation on...
Refinancing Rate Set at 7.0 percent
2021-08-03 12:09
Refinancing Rate Set at 7.0%
At the August 3, 2021 meeting, the CBA Board decided to raise the refinancing rate by 0.5 pp, setting it at 7.0%.
Deflation of 0.8% was recorded in June 2021 compared with deflation of 1.4% registered in the same month of the previous year, in which case the 12-month inflation has increased to 6.5%. The 12-month core inflation continued accelerating too, reaching 7.8% at the end of June.
In the third quarter of 2021, the economic activity and aggregate demand in...
Refinancing rate raised by 0.5 percentage point - 6.5 percent
2021-06-15 12:07
Refinancing rate raised by 0.5 percentage point - 6.5%
At the June 15, 2021 meeting, the CBA Board decided to raise the refinancing rate by 0.5 pp, setting it at 6.5%.
Deflation of 0.4% was recorded in May 2021 compared with deflation of 0.1% registered in the same month of the previous year, in which case the 12-month inflation has decreased to 5.9%. The 12-month core inflation kept on accelerating, reaching 7.4% at the end of May.
In the second quarter of 2021, the economic activity and...
Refinancing Rate Set at 6.0 percent
2021-05-04 12:05
Refinancing Rate Set at 6.0%
At the May 4 meeting, the CBA Board decided to raise the refinancing rate by 0.5 pp, setting it at 6.0%.
In March 2021, inflation stood at 1.0% relative to 0.5% in the same month of the previous year, in which case the 12-month inflation has increased to 5.8%. The 12-month core inflation has accelerated by the same amount, reaching 6.6% at the end of March.
In the first half of 2021, signs of faster than expected economic activity and demand recovery are...
3 collector coins were issued
2021-03-25 10:21
3 collector coins were issued
The 100th Anniversary of Establishment of Petros Adamyan Armenian State Drama Theater in Tbilisi
Armenian performances have been organized in Tbilisi, Georgia, since the 1820s. The Armenian theater as a professional structure was founded in 1858 and became a direct successor of the best traditions of the Eastern Armenian theater, undertaking the creation of a new Armenian theatrical art.
In 1921 the theater was organized as an Armenian state drama theater. The...
Refinancing Rate Set at 5.5 percent
2021-03-16 12:03
Refinancing Rate Set at 5.5%
At the March 16, 2021 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, on a 5.5% level.
In February of 2021, inflation stood at 0.6% compared to 0.2% deflation recorded in the same month of the previous year, in which case the 12-month inflation and core inflation have increased to 5.3% and 5.5%, respectively, at the end of the month, mainly due to the effects transmitted from international commodity...