{"id":250528,"date":"2022-09-16T14:40:45","date_gmt":"2022-09-16T14:40:45","guid":{"rendered":"https:\/\/armbanks.am\/2022\/09\/16\/250528\/"},"modified":"2022-09-16T14:40:45","modified_gmt":"2022-09-16T14:40:45","slug":"ebrd-head-comments-on-strengthening-of-amd-and-armenian-central-bank-policy","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/09\/16\/250528\/","title":{"rendered":"EBRD head comments on strengthening of AMD and Armenian Central Bank policy"},"content":{"rendered":"\n<p><strong>YEREVAN, September 16, \/ARKA\/.<\/strong> The Central Bank of Armenia (CBA) pursues inflation targeting<\/p>\n\n\n\n<p>policy which means that exchange rate is determined by supply and demand on the market, EBRD President Odile Renaud-Basso said in an exclusive interview to Novosti-Armenia news agency.&nbsp;<\/p>\n\n\n\n<p>She said recent appreciation is due to high inflow of foreign currency in the country, and most probably is temporary.<\/p>\n\n\n\n<p>The fact that foreign reserves increased by almost US$ 600 million during the last six months shows that CBA actively intervenes in the market, and is purchasing great amounts of foreign currency.<\/p>\n\n\n\n<p>At the same time, exchange rate appreciation contains inflationary pressure from imported prices. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>YEREVAN, September 16, \/ARKA\/. The Central Bank of Armenia (CBA) pursues inflation targeting policy which means that exchange rate is determined by supply and demand on the market, EBRD President Odile Renaud-Basso said in an exclusive interview to Novosti-Armenia news agency.&nbsp; She said recent appreciation is due to high inflow of foreign currency in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":171912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12159,9216],"tags":[15886],"class_list":{"0":"post-250528","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-exchange-market","8":"category-news","9":"tag-15886"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=250528"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/171912"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}