Tuesday, November 3 2015, 09:22
ArmInfo. The 20% required reserve ratio of deposits in foreign exchange prevents inflow of 'hot money' into the banking system, Arthur Javadyan, Chairman of the Central Bank of Armenia (CBA) said at the parliamentary hearings on the state budget 2016, Monday.
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Monday, November 2 2015, 22:11
ArmInfo. The issue of implementation of common currency in EEU may be discussed within 40-50 years, Artur Javadyan, Chairman of the Central Bank of Armenia expressed this opinion during today's budget hearings in the Parliament.
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Monday, November 2 2015, 21:41
ArmInfo. It is inefficient to have a higher level of inflation to ensure a higher economic growth in a country where poverty level is above 30%, Arthur Javadyan, Chairman of the Central Bank of Armenia (CBA) said at the parliamentary hearings on the state budget 2016, Monday.
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Thursday, December 18 2014, 17:30
ArmInfo, On Dec 18 Armenia's Central Bank tried to sell $4mln on the inter-bank forex market but none of the banks bought it. No forex transactions were registered on the exchange on the same day, with the average offer rate being 548.8 AMD/1 USD. It was the first CB intervention since Dec 8.
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Wednesday, December 17 2014, 19:13
ArmInfo. Armenia's Central Bank is not planning prescheduled revision of its refinancing rate, the CB's Chairman Artur Javadyan told journalists on Wednesday.
He said that this problem will be considered on Dec 24.
He said that given AMD's current instability, the CB prefers not to revise
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Wednesday, December 17 2014, 18:28
ArmINfo. For the moment USD rate is overvalued while AMD rate is undervalued, Chairman of the Central Bank of Armenia Artur Javadyan told journalists on Wednesday.
He said that AMD's hyper-depreciation has been caused by panic and speculations.
"Real value of AMD will become known as soon
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Wednesday, December 17 2014, 17:54
ArmInfo. On Dec 17, the Central Bank of Armenia (CBA) sold a total of $4 mln to the participating banks at the average exchange rate of 570.58 AMD/$1 in the course of daily interventions in the interbank currency market, with the cut-off price being 567.65 AMD/$1.
Since the launch of the dai
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Tuesday, December 16 2014, 16:45
ArmInfo. On Dec 16, the Central Bank of Armenia (CBA) sold a total of $4 mln to the participating banks at the average exchange rate of 526.32 AMD/$1 in the course of daily interventions in the interbank currency market, with the cut-off price being 523.50 AMD/$1.
Since the launch of the dai
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Monday, December 15 2014, 17:39
ArmInfo. On Dec 15 the Central Bank of Armenia started reducing the amount of daily interventions in the interbank currency market, having sold on Dec 15 a total of $4 mln at the average exchange rate of 494.46 AMD/$1, with the cut-off price being 493 AMD/$1.
Since the launch of the daily in
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Friday, December 12 2014, 16:29
ArmInfo. During the current week (on December 8-12), the Central Bank of Armenia (CBA) sold USD 30mln to the participating banks in the course of daily interventions in the interbank currency market - USD 6mln daily. The CBA press service has told ArmInfo that over this period the average exchan
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Thursday, December 11 2014, 18:06
ArmInfo. On December 8-11, the Central Bank of Armenia (CBA) sold USD 24mln to the participating banks in the course of daily interventions in the interbank currency market - USD 6mln daily. The CBA press service has told ArmInfo that over this period the average exchange rate rose from 456.63 t
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Wednesday, December 10 2014, 14:33
ArmInfo. Armenia is experiencing a strange display of the flowing exchange rate, Gurgen Arsenyan, MP from the Prosperous Armenia Party (PAP) Faction, told journalists at today's roundtable dedicated to protection of human rights in economy.
He said that according to the Central Bank, the exc
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Tuesday, December 9 2014, 21:11
ArmInfo. The banking system of Armenia is quite capitalized and liquid to resist the serious market shocks, Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan said at today's press conference.
He said that the capital adequacy of Armenian banks is 16.4%, which is almost 1.5 times
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Tuesday, December 9 2014, 19:49
ArmInfo. The AMD devaluation in Armenia will form 1.5-2% additional inflation in Q4 2014 and the following quarters. Afterwards, the given impact will be neutralized within a year, Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan said at today's press conference.
He pointed out
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Tuesday, December 9 2014, 18:39
ArmInfo. Armenia's Central Bank is going to sell $6mln a day on the inter-bank forex market till the end of 2014.
Chairman of the CB Artur Javadyan told journalists on Tuesday that they will gradually reduce their daily interventions depending on demand and will bring them to zero by the en
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Friday, December 5 2014, 18:25
ArmInfo. The European Investment Bank (EIB) is lending EUR 50 million to finance projects promoted by SMEs in Armenia, particularly in the agro-processing, rural and tourism sectors, says the EIB press release sent to ArmInfo.
The EIB loan is being granted to the Central Bank of Armenia, whi
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Wednesday, October 29 2014, 20:50
ArmInfo. ArmSwissBank and Management Mix have signed a memorandum of intention to set up an investment management company.
The press service of ArmSwissBank reports that the key mission of the company will be to attract investors in the future or existing capitals of trading companies in Arme
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Tuesday, November 11 2014, 18:31
ArmInfo. The Central Bank of Armenia is attentively watching the situation on the currency market and will interfere in case of sharp fluctuations, Chairman of the Central Bank of Armenia Artur Javadyan said in the Armenian Parliament on Tuesday.
He said that the CB is not going to change its
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Wednesday, October 29 2014, 20:50
ArmInfo. ArmSwissBank and Management Mix have signed a memorandum of intention to set up an investment management company.
The press service of ArmSwissBank reports that the key mission of the company will be to attract investors in the future or existing capitals of trading companies in Arme
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Tuesday, October 28 2014, 14:13
ArmInfo. As of now Armenian banks have lent a total of 60bln AMD to as many as 63,000 farmers, President of Armenia's Central Bank Artur Javadyan said during parliamentary hearings of Armenia's draft national budget 2015 on Tuesday.
He said that this year the rates of the loans dropped from 1
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