Central Bank
| Use attributes for filter ! | |
| Address | 6 Vazgen Sargsyan St, Yerevan 0010, Armenia |
|---|---|
| Hours | Closed ⋅ Opens 9:30AM |
| Currency | Armenian dram |
| Phone | +374 10 583841 |
| Founded | December 1991 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1978302 |
About Central Bank
The Central Bank of Armenia is the central bank of Armenia with its headquarters in Yerevan. The CBA is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector and keeping the government's currency reserves.
Where is the Central Bank
Argentina election: Javier Milei's radical proposals face test of reality
... Now, with the mop-haired president-elect only two weeks away from taking over Latin America s third-largest economy, many are asking, how will his policies and positions face the test of reality? Taming inflation takes timeJavier Milei had proposed to dollarise the economy and eliminate the Argentine Central Bank as a strategy to " kill" hyper-inflation...
Radical political change in Argentina and an uncertain future
... So will Argentina see the Mr Milei who s promised to destroy the Central Bank, slash government spending and introduce the US dollar as Argentina s official currency? Or will there be a toned-down version of Mr Milei waiting in the wings? " Perhaps he ll moderate his agenda to build public support and win over lawmakers from other parties...
Right-winger Milei wins Argentina presidential poll
... His proposals, which included detonating the Central Bank, won support with voters desperate for change...
Argentines choose between polar opposites in run-off
... Mr Milei has promised to replace the local currency, the peso, with the US dollar, and said he would " blow up" Argentina s Central Bank...
Will Argentina vote in a radical politician to fix the economy?
... The other choice is Javier Milei - a political outsider who has proposed drastic changes like abolishing the Central Bank and replacing the peso with the dollar...
Why businesses are pulling billions in profits from China
... Many major Central Banks, including the US Federal Reserve and the European Central Bank, have been hiking interest rates to tackle inflation...
Argentina presidential election: Javier Milei and Sergio Massa head for run-off vote
... Argentina has witnessed a rise in support towards the far-right politician, who has vowed to scrap the Central Bank and replace the Argentine peso with the US dollar...
Argentina votes in election rocked by radical candidate
... He proposes to reduce inflation by eliminating Argentina s Central Bank, ditching the Argentine peso, which he calls " excrement" and using the US dollar instead...
Argentina votes in election rocked by radical candidate
By Pascal FletcherBBC Monitoring, Latin America specialist
Argentines are choosing a new president in an election rocked by the emergence as front-runner of anti-establishment populist and self-styled " libertarian" Javier Milei .
Mr Milei is an outspoken right-wing economist whose " shock-jock" style and aggressive Social Media campaigning have appealed to younger voters.
His victory in the primary has put his two main rivals on the defensive.
The election comes amid a severe economic crisis.
Latin America 's third-largest economy is suffering from triple-digit inflation and a devalued currency that has left 40% living below the poverty line.
Argentina remains The World 's single biggest debtor to The International Monetary Fund (IMF), owing $46bn (£38bn).
Traditionally, elections here have been dominated by the left-wing Peronist Movement - whose candidate is the current economy minister Sergio Massa - and its centre-right opposition, which has chosen former security minister, Patricia Bullrich .
However, The Campaign has been turned on its head by the success of Javier Milei in the primaries in August.
Mr Milei beat Ms Bullrich and Mr Massa into second and third place and has remained ahead in the polls.
Two other candidates, Myriam Bregman and Juan Schiaretti , lag behind The Top three.
Mr Milei has drawn fire from Mr Massa and Ms Bullrich with his statements declaring deep aversion to " communists" and even to Pope Francis .
He proposes to reduce inflation by eliminating Argentina's Central Bank , ditching the Argentine Peso , which he calls " excrement" and using the US dollar instead.
At campaign rallies, the 52-year-old has waved giant replica dollar bills to promote his plan, and also brandished a chainsaw, symbolising his intentions to slash what he says is a bloated government bureaucracy serving a " parasitic political caste".
With yells of " Viva La Libertad , carajo! " (Long Live Freedom, damn it! ) he has vowed to cut back the size of government by closing the ministries of sport, culture and women. He would also merge the health and education portfolios.
Meanwhile, 51-year-old Mr Massa has sought to defend the Peronist Movement 's social and labour credentials.
He says austerity measures passed by his government are the result of the IMF debt run up by the previous centre-right administration.
Ms Bullrich, 67, has proposed a dual currency system that would combine both the peso and dollar in the economy, unifying The Exchange rate and relaxing restrictions on the dollar.
Presenting herself as tough on crime, the former security minister dubbed by some as Argentina's " Iron Lady" has promised to restore " order" to the country, which in August experienced a wave of mass lootings of shops and has also seen an increase in drug-trafficking violence in some cities.
She has accused Mr Milei of " emotional instability" and told Mr Massa to " explain to Argentines how, being the worst minister of the economy, you can be The Best president".
Polls suggest the presidential race is likely to go to a run-off on 19 November.
In order to win outright in The First round, a candidate would have to secure More Than 45% of votes, or 40% plus a margin of 10 percentage points over the closest rival.
That is unlikely, although not impossible, with five candidates in the running.
Besides choosing a new president and vice-president for a four-year term, Argentine voters will also be electing 130 new representatives for the lower house of Congress, which has 257 members, and 24 new senators for the 72-member upper house.
Related TopicsSource of news: bbc.com