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

Announces

Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.
Economy

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."
Announces

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.
Economy

Armenia’s public debt in the first half of the year amounted to 5.1 trillion drams, down 3.5% – Finance Ministry

Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.
Capital market

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

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