Investment companies can also manage non-public investment funds
At the meeting of September 22, the Board of the Central Bank of Armenia approved the project on making amendments and additions to the Resolution 332-N of the Central Bank of Armenia.
U.S. Federal Reserve leaves interest rates unchanged
The Federal Reserve held interest rates steady at a 22-year high․
The central bank maintained the range for its benchmark interest rate at 5.25%-5.5%, but held projections for interest rates to finish the year in a range of 5.5%-5.75%, implying one more rate hike this year to bring inflation back to its 2% target.
Bond yields jumped after the release of the latest Fed projections and policy statement, with the 2-year Treasury note at a roughly 17-year high near 5.2%. Major U.S. stock indices fell.
Central Bank of Armenia to intervene in the currency market
There have been drastic changes in the currency market in Armenia during the last few days.
Wall Street ends lower after Fed minutes cloud outlook for rates
Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.
This page was last updated 26.09.2023 00:00
