{"id":113761,"date":"2018-04-27T16:10:13","date_gmt":"2018-04-27T16:10:13","guid":{"rendered":"https:\/\/armbanks.am\/2018\/04\/27\/247389\/"},"modified":"2024-12-15T13:33:24","modified_gmt":"2024-12-15T13:33:24","slug":"armenian-financial-markets-stable-now-acting-minister","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/04\/27\/113761\/","title":{"rendered":"Armenian financial markets stable now \u2013 acting minister"},"content":{"rendered":"

YEREVAN, April 27. \/ARKA\/.<\/strong> Armenia\u2019s financial markets are in a stable state, Vardan Aramyan, acting finance minister, told journalists on Thursday.<\/p>\n

On April 23, Serzh Sargsyan, who was appointed one week earlier by the Armenian parliament as prime minister amid widespread disaffection for him, resigned under the pressure of mass protests against his premiership. On the same day, Armen Sarkissian, Armenian president accepted the government\u2019s resignation.<\/p>\n

At a rally held on April 25, Nikol Pashinyan was nominated for the prime-ministerial post.<\/p>\n

Aramyan told journalists that stability and discipline are maintained in the country\u2019s finance system, and the exchange rate of the Armenian national currency shows that.<\/p>\n

\u201cThe exchange rate shows that there are no risks or pessimistic sentiments,\u201d he said.<\/p>\n

In his words, there are no problems also with primary and secondary placement of bonds.<\/p>\n

\u201cThis means that financial markets are in a stable state now and that the central bank keeps a close eye on the situation,\u201d he said.<\/p>\n

In this connection, the acting minister, added that regardless of political developments, officials should do whatever is possible to shield the country\u2019s economy from shocks, since this will strike hard at all.<\/p>\n

Two days earlier, Arthur Javadyan, the head of the central bank, said that nothing threatens to the Armenian dram, and the regulator is taking all necessary steps.<\/p>\n

According to the Central Bank of Armenia, the average exchange rate was $1 = AMD 481.96 on April 26.<\/p>\n

On April 11, when the dollar was sold at AMD 483.12, the U.S. currency started going down against the Armenian dram.<\/p>\n

As a whole, from the beginning of the year the Armenian national currency was stable, and it is stable today against the US dollar. All fluctuations are within season norms. –0—<\/p>\n","protected":false},"excerpt":{"rendered":"

Armenia\u2019s financial markets are in a stable state, Vardan Aramyan, acting finance minister, told journalists on Thursday<\/p>\n","protected":false},"author":1,"featured_media":181127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,14682,14265],"class_list":["post-113761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news","tag-armenia-2","tag-financial-markets","tag-vardan-aramyan"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t