Interest rates on individual foreign currency deposits in Armenia rise by 0.7 p.p. in September

YEREVAN, October 24. / ARKA /. Average interest rate on individual deposits in foreign currency rose by 0.7 percentage point in September as opposed to August to 7.1%, according to a statement posted on the official website of the Central Bank of Armenia.

According to the statement, the average interest rate on individual long-term deposits in foreign currency grew by 0.6 percentage points, and interest rate on short-term foreign currency deposits by 0.8% , amounting at 7.7% 6.4%, respectively.

The interest rates on individual long-term deposits in Armenian national currency, the dram, increased by 0.2 percentage points, reaching 11.5%, and the interest rate on short-term deposits in drams remained unchanged at 9.9%.-0-

spot_img

POPULAR

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Armenia has introduced a new model for assessing public debt sustainability

Armenia has introduced a new model for assessing public debt sustainability, while maintaining the previous ones.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

LATEST NEWS

spot_imgspot_imgspot_img