Recovery in Armenia to become visible only in 2011 and 2012
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Archive for March, 2010
Recovery in Armenia to become visible only in 2011 and 2012
Thursday, March 18th, 2010Armenian Dram may depreciate to 420 per one USD
Thursday, March 18th, 2010Arsen Sarkisian, the chief dealer of Cascade Bank, predicted today a further depreciation of the national currency to 420 Drams per one USD.
EBRD president Thomas Mirow visits Armenia
Thursday, March 18th, 2010EBRD President Thomas Mirow has arrived today in Armenia as part of his three-day trip to the South Caucasus. This will be Mr. Mirow’s first official visit to Armenia since taking office in July 2008.
EBRD president to give news conference today
Thursday, March 18th, 2010European Bank for Reconstruction and Development (EBRD) president Thomas Mirow will give a news conference at 8.15 pm today at Marriott Armenia Hotel in Yerevan.
Armenia’s central bank warns commercial banks against refusing to sell forex
Thursday, March 18th, 2010Armenia’s Central Bank warned Wednesday it would process cases against those commercial banks which would refuse to sell foreign currency to citizens.
Weighted average of us dollar rate in NASDAQ OMX Armenia as of march 17, 2010 was 402.84 drams for $1
Wednesday, March 17th, 2010Weighted average of us dollar rate in NASDAQ OMX Armenia as of march 17, 2010 was 402.84 drams for $1
Weighted average rate of Armenian dram to us dollar is 400 for $1
Wednesday, March 17th, 2010Weighted average rate of Armenian dram to us dollar is 400 for $1 on march 17, 2010 hitting psychological margin
Armenian Central Bank placed state bonds in the amount of 939.6 million drams
Wednesday, March 17th, 2010Armenian Central Bank placed state bonds in the amount of 939.6 million drams
2010 inflation rate to be a little higher than in 2009: World Bank
Wednesday, March 17th, 2010Head of World Bank Yerevan Office, Aristomene Varoudakis, predicted today that the inflation in 2010 will remain on the level of 2009 or will be higher a little.
Advertising and representation expenses of Armenian banks last year drop by 14.1%
Wednesday, March 17th, 2010The amount of advertising and representation expenses of Armenian commercial banks last year dropped by 14.1% from a year before to almost 2.5 billion Drams.
