Armenia’s inflation to be within the target levels in 2014-2015 – Central Bank

YEREVAN, December 4. /ARKA/. Armenia’s inflation will be within the target level of 4% (±1.5%) in 2014-2015, deputy head of the central bank Nerses Yeritsyan said at a government meeting on Thursday.

The central bank sees no serious risks in terms of price stability also for the future, Yeritsyan said.

Inflation will stay within 4% in 2014 and be in the limits of 4% (±1.5%) in 2015 having in mind the recent developments in the currency market, he said.

Earlier, the head of the central bank Artur Javadyan said inflation will be back to 4% (±1.5%) in early 2015.

According to him, the 12-month inflation went from 5.6% at the end of 2013 down to 0.8% in august 2014 and up at 1.5% in September 2014 compared to September 2013.

The central bank says January-October inflation was 2.9% against the same period of 2013.

The budgeted inflation level for 2014 is 4% (±1.5%), and the same level is projected in the 2015 draft budget. –0—

spot_img

POPULAR

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img