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USD: 396.58 RUB: 4.04 EUR: 413.36 GEL: 140.63 GBP: 497.27
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Daily Archives: Aug 9, 2013

Bank of England has a “striking” lack of top female economists, its new governor says

Banks
The Bank of England has a “striking” lack of top female economists, its new Governor Mark Carney said, according to The Telegraph

Armenian Finance Ministry to issue eurobonds

Capital market
YEREVAN, August 9. / ARKA /. Armenian Ministry of Finance said it is preparing to issue the first issue of eurobonds

Russia’s Medvedev instructs to get banks connected to state payment system by November 6

Banks
Russian premier Dmitry Medvedev instructed the central bank, the country’s ministry of finance and the treasury to ensure all Russian banks are connected to the state information system of state and municipal payments before November 6, 2013, the government press office reported

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Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

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