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...
Right-winger Milei wins Argentina presidential poll
By Katy WatsonSouth America correspondent
Right-wing libertarian outsider Javier Milei has won Argentina's presidential run-off poll, according to provisional results.
Mr Milei's rival, economy minister Sergio Massa , called him to concede.
The election comes at a difficult time for Argentina with rising inflation and an economy in crisis on peoples' minds.
His proposals, which included detonating the Central Bank , won support with voters desperate for change.
Mr Milei confounded pollsters by easily defeating The Candidate of the governing Peronists, provisionally by More Than ten points.
Provision results showed Mr Milei had nearly 56% of the vote compared with 44% for the Peronist Sergio Massa , with almost 90% of votes counted.
" Obviously the results are not what we expected. I have contacted Javier Milei to congratulate him, " Mr Massa said.
" From tomorrow the responsibility of providing certainty belongs to Milei. "
It was a close race to the very end but the former pundit who at one point wielded a chainsaw on The Campaign trail, won out.
A Man who has been likened to former US President Donald Trump , and ex-Brazilian leader Jair Bolsonaro , Javier Milei is untested.
But that was part of his appeal.
His talk of introducing the US dollar as the country's official currency was met with applause by his supporters. Many economists though talk of financial disaster.
No matter, in a country where annual inflation is now over 140% and two in five people live in poverty, his win proves that Argentinians are Fed Up with traditional politics and economic disaster.
His victory means they are willing to try Something New in an effort to make their lives better.
Source of news: bbc.com