Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

YEREVAN, December 17. /ARKA/. The Central Bank denies certain media sources’ allegations that Armenia’s national currency will drop soon and that the country will face default.
Harut Kbeyan, the regulator’s spokesman, said on his Facebook page that this is no more than a mere fiction of these media sources.

In particular, this allegation was released by Zhamanak with reference to the newspaper’s sources close to the authorities, and certain media sources disseminated it.

“The information that has nothing in common with the reality was published in one of the newspapers,” the central bank spokesman said. “More than that – such fictions are aimed at creation of adverse outlooks and formation of artificial conduct.”

Kbeyan urged media sources not to generate “bestsellers” connected with inflation, foreign exchange rates, reserves, deposits, loans and the financial system.

“Today Armenia’s financial system is firm and stable, and all artificial comments on the above-mentioned themes can create groundless outlooks, which are not relevant in terms of long-term development of the country,” he said. –0—-

spot_img

POPULAR

Polytechnic University Graduation Ceremony Held with the Support of Unibank

As one of the benefactors of the National Polytechnic University of Armenia (NPUA), Unibank supported the organization of the graduation ceremony for the University’s 93rd graduating class. 

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Armenia Increases Participant Limit for Non-Public Investment Funds from 49 to 99

At an extraordinary session on Friday, the National Assembly of Armenia adopted an amendment to the Law "On Investment Funds" in its second and final reading.

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

LATEST NEWS

spot_imgspot_imgspot_img