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Tag: down

Commercial banks’ lending to residents in late July was down 0.1% from late June

Banks
Twenty Armenia-based commercial banks’ lending to residents in late July was down 0.1% from late June standing at 2.057.3 trillion drams, the Central Bank of Armenia said

Dollar to go down regardless of panic at Armenia’s forex market -newspaper

Exchange market
Vardan Ayvazyan, head of the Armenian National Assembly’s economy commission, told a correspondent of 168 Zham newspaper that the dollar will go down regardless of panic at Armenia’s forex market

Interbank loans in Armenia downed 13.7% to over AMD 44.2 bln late April

Banks
Interbank loans in Armenia totaled in over 44.2 billion drams as of late April, which was 13.7% lower from March, the Central Bank said in its newsletter

Armenia’s gross international reserves down 1.7% to $1 768 mln in January

Economy
Armenia’s gross international reserves fell by 1.7% to $1 768 million in January 2013 from December, Central Bank of Armenia posted Thursday on its official website

Armenia’s gross international reserves down 12.7% to $1 709 mln in October

Exchange market
Armenia’s gross international reserves tumbled 12.7% or by $250.4 millio in October 2012 from early this year to $1 709 million, according to the data published on Central Bank’s official website

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US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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