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Daily Archives: Nov 12, 2013

Armenia’s Central Bank lowers key refinancing rate by 0.5 percentage point to 8 percent

The Board of Armenia’s Central Bank has lowered today its key refinancing rate by 0.5 percentage point to 8 percent, saying also that inflation in October rose by 0.3 percent and as a result the 12-month inflation rate continued to decline falling to 7.1 percent in late October 2013

EDB, EEC to jointly analyze economies of Customs Union countries

The Eurasian Development Bank (EDB) and the Eurasian Economic Commission (EEC) signed a memorandum of cooperation envisaging, first of all, expert support in integration processes

Cost of USD at Armenia’s foreign currency market drops by 0.37 p.p. to 405.06 drams

The cost of US Dollar at Armenia’s foreign currency market dropped by 0.37 percentage point today from November 11 to 405.06 drams, the Central Bank reported

Card transactions via internet upped 4.5% to AMD 2.27 bln in September

As of late September, card transactions processed via Internet in Armenia valued at 2.27 billion drams, which was 4.5% higher from August

Armenian dram real effective exchange rate fell 1% in September against August

Real effective dram versus foreign currency exchange rate dropped by 1% in September against August, says the Central Bank of Armenia monthly information handbook for September 2013