Wed, 10 September
20.1 C
Yerevan
USD: 382.95 RUB: 4.60 EUR: 450.04 GEL: 142.25 GBP: 519.82

Interest rates on deposits in January in Armenia reduced in average by 0.4 p.p, to 8.4%

YEREVAN, February 28. /ARKA/. Average interest rates on deposits in January in Armenia compared to the last month reduced by 0.4 p.p. reaching to 8.4%, says the site of CBA.

According to the data of CBA, average interest rates on short-term dram deposits in January was 10.15%, reduced in average by 1 p.p. compared to December.

Average rate of short-term foreign currency deposits was 5.45% registering decline in average by 0.65 p.p.

At the same time, average long-term dram deposits in the reporting period were 10.15 %, reduced by 0.7 p.p., and in foreign currency deposits – by 7.8%, reduced by 0.05 p.p. ($1- 388.67 drams). -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img