Euro depreciates by 0.91 points to AMD 421.35- central bank

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.