Armenian central bank purchases $8.1 million at forex market, Pashinyan comments

YEREVAN, April 14. /ARKA/. The Central Bank of Armenia bought USD 8.1 million in the foreign exchange market on Monday, Armenian Prime Minister Nikol Pashinyan reported on his Facebok page
“No matter how strange it may seem – today the Central Bank bought $ 8.1 million at the foreign exchange market.

This can have no other explanation than the confidence of the financial market in the anti-crisis policy pursued by the government,” he wrote on his Facebook page.

The prime minister added that people trust the government’s policy and the Armenian national currency.
According to the Central Bank of Armenia, on the last day of March, the US dollar traded at to more than 500 drams, on average, but then it began to decline again and on April 13 it already traded at 486.53 drams. -0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

“IKO Machinery” LLC’s bonds, totaling AMD 1.1 billion listed on AMX

The Armenia Securities Exchange (AMX) today welcomed the entry into the capital market of "IKO Machinery" LLC, a company operating in both Armenia and international markets.

ADB maintains Armenia inflation forecast based on 7-month data

The Asian Development Bank (ADB) has kept its inflation forecast for Armenia unchanged at 4.2% for 2026 and 3.5% for 2027, noting that inflation trends over the first seven months were generally in line with expectations.

Mher Grigoryan Discusses SBA Implementation with Head of IMF Mission to Armenia

During a meeting with a delegation led by Alexander Tieman, Head of the IMF Mission to Armenia, Deputy Prime Minister Mher Grigoryan discussed issues raised within the framework of the second review of the Stand-By Arrangement (SBA) supported by the IMF.

Idram’s “City of Good Deeds”: From Teamwork to Real Charitable Projects

“City of Good Deeds” was the theme of Idram’s annual team-building event this year, which stood out for its unique purpose.

LATEST NEWS

spot_imgspot_imgspot_img