Republic of Armenia
AbstractArmeniaâ€™s growing financial system is dominated by banks, and its regulatory and supervisory system is robust. The Executive Board of the International Monetary Fund (IMF) has recommended the Central Bank of Armenia (CBA) to develop a program to gather information and monitor the hedging ability of borrowers. Liquidity requirements in foreign currency would be an important risk mitigant particularly because the CBA has a limited ability to extend foreign currency emergency liquidity assistance. Implementation of the pension reform in 2014 will bring additional investments to the market.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Staff Country Reports with number 13/10.
Date of creation: 11 Jan 2013
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-02 (All new papers)
- NEP-CIS-2013-03-02 (Confederation of Independent States)
- NEP-IAS-2013-03-02 (Insurance Economics)
- NEP-RMG-2013-03-02 (Risk Management)
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