Wed, 10 December
6.1 C
Yerevan
USD: 381.66 RUB: 4.97 EUR: 444.40 GEL: 141.59 GBP: 508.94

Armenian CB chairman to attend IMF/WB Netherlands constituency meeting in Bucharest

YEREVAN, June 15. /ARKA/. The Chairman of Armenia’s Central Bank (CBA) Artur Javadyan will head for Bucharest to take part in the meeting of the International Monetary Fund (IMF) and the World Bank’s Netherlands Constituency, June 15-17, CB reports.

The participants will discuss the issues related to tax and budget consolidation, structural reforms, fostering economic growth in Europe, financial stability and risks of developing markets, as well as state debt management.

Mr. Javadyan is expected to meet with the CB chairmen of Netherlands Constituency.—0–

spot_img

POPULAR

Euro and ruble rise against Armenian dram, while US dollar weakens.

The average market exchange rate for the US dollar against the Armenian dram on December 1, 2025, fell by 0.24 points compared to November 28, to 381.19 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate rose against the Armenian dram, while the dollar and ruble fell

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of December 3, 2025, decreased by 0.04 points compared to December 2, to 381.2 drams.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

LATEST NEWS

spot_imgspot_imgspot_img