Sun, 26 October
8.1 C
Yerevan
USD: 383.05 RUB: 4.73 EUR: 444.80 GEL: 141.19 GBP: 510.03

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

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img