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Tag: Serzh Sargsyan

Armenian prime minister Serzh Sargsyan resigns

Economy admin -
Armenian prime minister Serzh Sargsyan has resigned today. In a statement, posted on prime minister’s official website, Serzh Sargsyan says:

President has working meeting with central bank officials

Banks admin -
Armenian President Serzh Sargsyan had a working meeting on Friday with top officials of the Central Bank, held at the regulators n Dilijan Training and Research Center, the presidential press office said

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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.

Euro exchange rate plunges by 4.12 points to AMD 414.32

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The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

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