ArmInfo. The Central Bank of Armenia once again considered it appropriate to keep the refinancing rate at 6.75%. This decision was made on May 6 at a meeting of the Board of  the Central Bank of Armenia.

ArmInfo.  In January-March 2025, Armenia's economic activity growth significantly slowed to 4.1% per annum (from 14.3% in the same period of 2024). Moreover, the industrial sector, which was the main  driver of growth a year earlier, is now experiencing a double-digit decline. 

ArmInfo. In Armenia, a four-month inflation rate of 2.5% was driven by increases in food and services, which rose by 4.9% and 1.1%, respectively, while the prices of non-food products decreased by 0.4%. A similar trend was observed the previous year, but during January-April 2024, inflation was lower - 0.8%. This lower rate was also attributed to a rise  in food prices by 1.8% and an increase in service prices by 0.9%, while non-food products saw a decrease in prices by 1.6%. This is evidenced by  data  from the RA Statistical Committee. 

ArmInfo. The Central Bank of Armenia once again considered it appropriate to keep the refinancing rate at 6.75%. This decision was made on May 6 at a meeting of the Board of  the Central Bank of Armenia.

ArmInfo.  In January-March 2025, Armenia's economic activity growth significantly slowed to 4.1% per annum (from 14.3% in the same period of 2024). Moreover, the industrial sector, which was the main  driver of growth a year earlier, is now experiencing a double-digit decline. 

ArmInfo. In Armenia, a four-month inflation rate of 2.5% was driven by increases in food and services, which rose by 4.9% and 1.1%, respectively, while the prices of non-food products decreased by 0.4%. A similar trend was observed the previous year, but during January-April 2024, inflation was lower - 0.8%. This lower rate was also attributed to a rise  in food prices by 1.8% and an increase in service prices by 0.9%, while non-food products saw a decrease in prices by 1.6%. This is evidenced by  data  from the RA Statistical Committee. 

ArmInfo.  Dollar transactions resumed on the Armenian interbank foreign exchange market from April 28 to  May 2, 2025 (after a week long absence), while ruble transactions continued to decline. Euro transactions have not been carried out for nearly two months. The downward weekly trend of ruble transactions slowed from 55% to 22.2%. As a result, the total weekly volume of dollar transactions began to exceed ruble transactions by 2 times. In parallel with this, in the intra-bank foreign exchange market for the reporting week (28.04-02.05.25 compared to 21-25.04.25) the purchase  of dollars continued to decline, while sales saw an increase. In euro transactions purchases began to grow while sales growth slowed down, and in ruble transactions   purchases and sales were in decline.  As a result, from  April 28 to  May 2 , 2025, the dram slightly weakened against the dollar - from AMD 389.3 to AMD 389.5/$1, while remaining stable against the euro at AMD 441 /1 EUR, and  the ruble at AMD 4.64 /1RUB. 

ArmInfo.  Dollar transactions resumed on the Armenian interbank foreign exchange market from April 28 to  May 2, 2025 (after a week long absence), while ruble transactions continued to decline. Euro transactions have not been carried out for nearly two months. The downward weekly trend of ruble transactions slowed from 55% to 22.2%. As a result, the total weekly volume of dollar transactions began to exceed ruble transactions by 2 times. In parallel with this, in the intra-bank foreign exchange market for the reporting week (28.04-02.05.25 compared to 21-25.04.25) the purchase  of dollars continued to decline, while sales saw an increase. In euro transactions purchases began to grow while sales growth slowed down, and in ruble transactions   purchases and sales were in decline.  As a result, from  April 28 to  May 2 , 2025, the dram slightly weakened against the dollar - from AMD 389.3 to AMD 389.5/$1, while remaining stable against the euro at AMD 441 /1 EUR, and  the ruble at AMD 4.64 /1RUB. 

ArmInfo. Gross international reserves (GIR) of Armenia increased by 19% per annum or $408.1 million by April 2025 (against a decline of 13.3% a year ago), reaching $3.926 billion, approaching a record $4.220 billion in August 2023. In the first quarter of this year alone, GIR increased by 7% or $242 million (against a decline of 8.3% in the first quarter of 2024), and in monthly terms, growth has been observed since February, with an acceleration in pace to a double-digit 16.5% (or $555 million) in March. This is evidenced by the data of the Central Bank of Armenia.

ArmInfo. Gross international reserves (GIR) of Armenia increased by 19% per annum or $408.1 million by April 2025 (against a decline of 13.3% a year ago), reaching $3.926 billion, approaching a record $4.220 billion in August 2023. In the first quarter of this year alone, GIR increased by 7% or $242 million (against a decline of 8.3% in the first quarter of 2024), and in monthly terms, growth has been observed since February, with an acceleration in pace to a double-digit 16.5% (or $555 million) in March. This is evidenced by the data of the Central Bank of Armenia.