Fri, 31 January
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USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
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Tag: Nikol Pashinyan

Government to restructure army officers’ loans

Banks admin -
Armenia’s acting Prime Minister Nikol Pashinyan wrote in a Facebook post that the government is going to restructure loans of several thousand of career and warrant army officers

Nikol Pashinyan discusses with VTB Bank head prospects of activity expansion in Armenia

Banks admin -
Armenian Prime Minister Nikol Pashinyan, who is now in Russia for a two-day working visit, had Thursday a breakfast with Andrey Kostin, President and Chairman of the Management Board of VTB Bank, the Armenian government’s press office reports

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US dollar rate down 0.35 points to 397.92 drams

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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

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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

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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

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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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