Wed, 23 April
12.1 C
Yerevan
USD: 390.51 RUB: 4.81 EUR: 449.98 GEL: 142.19 GBP: 522.85
spot_img

Armenian central bank vows to ensure price and financial stability in context of coronavirus

YEREVAN, March 9. /ARKA/. The impact of coronavirus on the global economy and the Armenian economy will be short-term, according to the Central Bank of Armenia. It said it was closely monitoring the developments in the global economy in connection with the coronavirus.

“According to current estimates, the impact is expected to be short-term both on the global economy and on the Armenian economy,” the Central bank said.

Nevertheless, the Central Bank is monitoring changes in the global economy and developments in the financial and commodity markets, as well as evaluates the short-term effects that may affect the Armenian economy.

“If necessary, the Central Bank is always ready to respond by ensuring price and financial stability in Armenia,” the CB commented to “Armenpress” news agency.

The number of countries in which cases of infection with a new coronavirus were recorded exceeded 100. The first confirmed case in Armenia was reported on March 1. A 29-year-old Armenian citizen, who arrived in Yerevan from Tehran on February 28, tested positive for the disease. The wife of the man who arrived with him from Iran tested negative. Thirty-one 31 people who had contact with the infected man were isolated in a hotel in Tsaghkadzor. –0-

spot_img

POPULAR

Armenia ratifies agreement with IBRD on health coverage program worth 102 million euros

Armenia's National Assembly has ratified today a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD, a WB division) on universal health coverage program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Acba Leasing portfolio and programs exceed 120 billion drams – exclusive offers of the company at Leasing Expo 2025

Acba Leasing, the "Main Partner" of Leasing Expo 2025, is presenting exclusive and advantageous partnership offers at the exhibition.

Armenian Parliament adopted draft law “On Crypto Assets” in the first reading

At a session on Friday, the National Assembly of Armenia adopted in the first reading the draft law "On Crypto assets" along with amendments to several related laws.

Special and exclusive offers from Acba Leasing (VIDEO)

Acba Leasing and its partners presented special and exclusive offers to all visitors of the Leasing Expo 2025 exhibition, held in partnership with Acba Leasing, over the course of three days, from April 18 to 20, according to Acba Bank’s press service.

LATEST NEWS

spot_imgspot_imgspot_img