Fri, 31 January
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Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
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Tag: Russian Central Bank

Russian central bank to issue Armenia-dedicated commemorative coins

Banks admin -
Russia’s Central Bank said today it will issue this year 5000 commemorative coins with face value of 3 rubles dedicated to Surb Khach (Holy Cross) Monastery in Crimea

Reduction in current Russian Central Bank rates low probable under current inflation: Uliukaev

Banks admin -
Head of Russia’s ministry of economic development Aleksey Uliukaev said Russian Central Bank’s rates for key transactions will most probable not reduce under the current inflation, Uliukaev told reporters in London as quoted by RIA Novosti

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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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