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Daily Archives: Feb 8, 2019

Central Bank denies media allegations that it uses ‘repressive’ measures to stabilize the exchange rate of the dram

Armenia’s Central Bank denied today media allegations claiming that it uses ‘repressive’ measures to stabilize the exchange rate of the national currency

Mortgage loans by Armenian banks in 2018 grew by 20% year-on-year

Mortgage loans provided by Armenian banks in 2018 exceeded the figures of the previous year by 20%

Armenia’s gross international reserves shrink 11.3% to $1 994.2 million in late January

Armenia’s gross international reserves totaled $1 994.2 million in late January 2019 after shrinking 11.3% or by $255.1 million over one month