Artur Javadyan presented specifics of Armenia`s monetary policy at a  meeting of the Club of Central Bank Heads

ArmInfo.  Chairman of the  Central Bank of Armenia Artur Javadyan takes part in the 42nd meeting  of the Club of Heads of Central Banks of Central Asia, the Black Sea  Region and the Balkans, which takes place in Prague.

As the Central Bank of Armenia press service told ArmInfo, during the  event the features of the monetary policy implemented by the Central  Bank of the Republic of Armenia, the flexibility of the policy in  various shock situations, and the prospects of inflation targeting in  the context of the development of the world economy were presented.

It should be noted that the Club of Heads of Central Banks of Central  Asia, the Black Sea Region and the Balkans was founded in 1998. Club  members are central banks of 25 countries: Albania, Belarus,  Bulgaria, Bosnia and Herzegovina, Russia, Armenia, Georgia,  Azerbaijan, Kazakhstan, Tajikistan, Kyrgyzstan, Moldova, Ukraine,  Greece, Israel, China, Macedonia, Poland, Romania, Serbia, Slovenia,  Turkey, Croatia, Czech Republic and Montenegro.