ArmInfo.

ArmInfo.

ArmInfo.

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ArmInfo.

ArmInfo. For the fifth consecutive year, HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been recognized as the “Market Leader” for Corporates by Euromoney Cash Management Survey. The Bank has also been named as the “Best Service Bank” for Corporates.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

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ArmInfo.

ArmInfo. The economy cannot  grow above its potential for a long time. This was stated on November  1 by Chairman of the Central Bank of Armenia Martin Galstyan,  answering a question from an ArmInfo correspondent during the press  conference regarding the next increase of the refinancing rate (from  10% to 10.5%).

ArmInfo. Speaking about the  revaluation of the dram in a negative context related to exporters,  we should not forget about business entities that, thanks to the low  exchange rate, managed to modernize production capacities at  favorable prices. On November 1, answering the question of an ArmInfo  correspondent, head of the Central Bank of Armenia Martin Galstyan  said.

ArmInfo. Armenia and Iran  extended until 2030 an agreement on the supply of gas in exchange for  electricity. Minister of Territorial Administration and  Infrastructures of the Republic of Armenia Gnel Sanosyan announced  this on his Facebook page.  In particular, he noted that a memorandum  on cooperation between Armenia and Iran in the field of natural gas  was signed.

ArmInfo. Armenia will  complete 2022 with an inflation rate of 10%. Chairman of the Central  Bank of Armenia Martin Galstyan voiced a similar forecast during a  press conference on November 1. "We expect that inflation will be at  the level of 10% at the end of the year, even taking into account the  use of restraining mechanisms," he stressed.  At the same time, the  head of the Central Bank indicated that without the use of these  mechanisms, the inflation rate in the country would have reached 15%.

ArmInfo. The Board of the  Central Bank of Armenia, continuing to tighten monetary conditions,  from November 1 raised the refinancing rate by 0.5 percentage points  - from 10% to 10.5%. Head of the RA Central Bank, Martin Galstyan,  presented the rationale for this decision at the press conference  held on this issue.