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Daily Archives: Dec 26, 2014

VTB Bank (Armenia) reopens renovated branch in Amasia

VTB Bank (Armenia) has reopened today the renovated branch in the village of Amasia in the north-western province of Shirak

Armenia’s Central Bank sells $2 million to commercial banks at 463.78 drams per one US dollar

Armenia’s Central Bank has sold today $2 million to commercial banks at the average weighted exchange rate of 463.78 drams per one US Dollar

Ulyukaev: key interest rate should be lowered throughout 1st Q 2015

Russian Economic Development Minister Alexey Ulyukaev proposes the central bank to down its key interest rate throughout the first quarter of them next year, according to Banki.ru

Raising reserve requirement deprives economy of 100bln drams – ex-head of Armenian Central Bank

The raising of the reserve requirement in foreign currency for commercial banks will deprive the country’s economy of some 100 billion drams, the ex-head of the central bank Bagrat Asatryan said at a news conference on Thursday