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Daily Archives: Dec 13, 2022

CBA’s monetary policy is appropriate and proactively aiming to stem inflationary pressures

Banks
The Armenian authorities’ fiscal policy framework is expected to keep debt on a declining path in line with Armenia’s fiscal rules

Armenian Central Bank raises key rate by 0.25 percentage points to 10.75%

Banks
The Armenian Central Bank’s Board decided today to raise the refinancing rate by 0.25 percentage points, setting it at 10.75%

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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