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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 26, 2026, fell by 0.27 points compared to May 25, to 367.74 drams.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img