CBA Approved The Report On Inflation In The Third Quarter Of 2011 In Armenia

Economy
YEREVAN, November 22. /ARKA/. Board of Central Bank of Armenia approved the report on inflation in the third quarter of 2011 in Armenia, PR department of CBA informed ARKA News Agency. Such a decision was adopted on Tuesday in CBA Board Meeting headed by the head of CBA Artur Javadyan.
Inflation in September in Armenia compared to the same period of 2010 was recorded in the amount of 6.2% which is mainly conditioned by the price increase for food products (including alcohol drinks and tobacco products) by 9.4% and non-food products – 3.5%.
The meeting also approved financial reporting of CBA as of September 30, 2011, the schedule of mandatory reserve for commercial banks of Armenia and the regulation of percent rates for the instruments of monetary-credit policy.–0—
spot_img

POPULAR

Banks

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.
Banks

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.
Interviews

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Banks

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Weighted Average Of Us Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2011 Was 384.04 Drams For $1
Next article
Central Bank Of Armenia Approved The Sketches Of Commemorative Coins Of Famous Art Workers