Armenia faces 7.9% year-on-year inflation in Jan-Oct 2010

Economy

YEREVAN, November 22. /ARKA/. Armenia faced 7.9% year-on-year inflation in Jan-Oct 2010, the National Statistical Service of Armenia reports.

Consumer prices rose 5.8% in Jan-Oct 2010, compared with December 2009.

In the 2010 government budget, inflation is projected at 4% (±1.5%). –0–

spot_img

POPULAR

Banks

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.
Announces

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."
News

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.
Announces

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.
Exchange market

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Total liabilities of Armenian insurance companies rise by 25.46% to 7.8 billion drams
Next article
Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1