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Armenian 12-month inflation in 2019 was 0.7 percent

YEREVAN, January 20. /ARKA/. Armenia’s consumer prices in 2019 December were up 0.7% from the same month in 2018, according to the report of the National Statistical Committee (NSC).

According to NSC, prices in December 2019 grew by 1.3% from the previous month of November. The inflation in January-December 2019 when compared to the same period in 2018, amounted to 1.4%. The government’s projection of inflation for 2019 is 2.7%. -0-

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AMX conducted auctions for placement and redemption of government bonds totaling 28.3 billion drams

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

Armenia to Receive €120.5 Million IBRD Loan for Tourism Development Program

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

Armenia proposes clarifying the procedure for compensating social expenses

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.

Euro, USD and Russian ruble drop against Armenian dram

As of February 11, 2026, the average market exchange rate of the US dollar to the Armenian dram, established on the Armenian foreign exchange market, has dropped by 0.37 points from February 10, now standing at 377.51 drams.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

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