Tue, 13 May
12.5 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Armenia Has Ninth Largest Inflation In CIS

YEREVAN, November 7. /ARKA/. In 2011 September Armenian inflation grew by 0.6% from a year earlier, according to the CIS Statistical Committee. In terms of inflation rise Armenia ranked ninth among other former Soviet republics.

According to CIS Statistical Committee, consumer prices in CIS rose year-on-year by 7.5%.

It said consumer prices in 2011 September in Armenia increased by 0.8% from August. According to the official data, the highest inflation of 74.5% was posted by Belarus, which was followed by Tajikistan with a year-on-year 9% inflation, Kazakhstan saw a 6.2% inflation, in Moldova it rose by 5.2%, in Russia by 4.7%, in Kyrgyzstan by 4.4%, in Ukraine by 4.2% and in Azerbaijan by 3.5%. No data for Turkmenistan and Uzbekistan were available. –0–

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

LATEST NEWS

spot_imgspot_imgspot_img