What is the IMF’s view about the exchange rate adjustment announced by the CBA? The IMF strongly supports the decision of the Central Bank of Armenia to return to a floating exchange rate regime. In recent days and weeks, the CBA has had to sell large ...
“After many years of strong economic performance, Armenia has been adversely affected by the global economic and financial crisis. In response, the Armenian authorities have put together a strong and credible economic program to address the deterioration ...
ARF member and National Assembly Deputy, Ara Nranyan, today stated his amazement regarding Prime Minister Tigran Sargsyan's invitation to Turkey to assist in the construction of a new atomic power plant in Armenia. Mr. Nranyan stated that the ARF neither ...
At a press conference held today Ara Nranyan, a National Assembly Deputy affiliated with the Armenian Revolutionary Party, announced that the party would be fielding its own list of candidates for the upcoming May Yerevan municipal elections. "The list ...
In a recently released statement by the Council of Armenia’s Central Bank declared that as of March 3, 2009 it will no longer intervene in propping up the exchange rate of the Armenian dram vis-à-vis major world currencies. And that it will return to a ...
Regarding recently circulating rumors that criminal charges have been brought against the former two administrative heads of the Kashatagh region in the NKR for a variety of improprieties during their tenure in office, "Hetq" contacted the Chief Prosecutor’s ...