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Daily Archives: Nov 24, 2014

Central Bank responds to sharp depreciation of national currency

In response to a sharp depreciation of the national currency, the dram, against the USD and euro Armenia’s Central Bank said in a statement today that the exchange rate ‘is in the stabilization zone

Armenia’s national currency loses 16.5 percentage points of its value

Armenia’s national currency, the dram, has lost today 16.5 percentage points of its value against the USD as the greenback’s value has hit today the record high 435 drams this year, the Central Bank reported

Sharp depreciation of dram blamed on slow economic recovery

The sharp depreciation of Armenia’s national currency, the dram, against USD and euro should be blamed on the slow pace of economic growth and a number of external factors, according to an ex governor of the Central Bank Bagrat Asatryan

Anelik Bank offers new deposit service to its individual clients

Anelik Bank has offered a new deposit service, DISCOUNT, to individuals, as part of its service package expansion policy, the bank’s press office reported