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Lagarde: ECB should ease monetary and credit policy

YEREVAN, April 19. /ARKA/. IMF Chief Christine Lagarde suggests that the eurozone should go on easing monetary and credit policy, banki.ru reported today.

According to her, the European Central Bank is the only central bank in the world to have space for maneuvering. She also added the eurozone’s economy needs additional stimulus so as not to stay behind the global economy growth rates.

Lagarde also commended an aggressive policy of Bank of Japan and ambitious plans of the Japanese government. —0-

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Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

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Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

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