WB:  food and non-alcoholic beverages were  the main driver of inflation in Armenia in October

YEREVAN, November 25. /ARKA/. In October, Armenia’s inflation stabilized at 3.7 percent (yoy), according to the World Bank’s Armenia Monthly Economic Update – November 2025.

Inflation in food and non-alcoholic beverages (at 5.6 percent, yoy) remained the main contributor to October’s inflation (61 percent of the total increase).

On November 4, Armenia’s Central Bank (CBA) decided to maintain the policy rate at 6.75 percent, marking the sixth consecutive meeting without a change to the rate.

Armenia’s 2025 state budget projects inflation at 3% (±1%). The Central Bank expects it to be from 4.1% to 3.7%.-0-

spot_img

POPULAR

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img