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  • Archive for April, 2011

    Armenia’s International Gross Reserves Drop By 1.9% Or $35.6 Million In 2011 March From 2010 December

    Friday, April 29th, 2011

    Armenia’s international gross reserves dropped by 1.9% or $35.6 million in 2011 March from 2010 December to a total of $1.823.4 billion

    Armenian Commercial Banks Buy $44.9 Million At Foreign Exchange Market April 26-29

    Friday, April 29th, 2011

    Armenian commercial banks bought a total of $44.9 million at the local foreign exchange market on April 26-29 at an average exchange rate of 371.86 Drams per one USD.

    Dollar Loses 1.95 Points At NASDAQ OMX Armenia Stock Exchange

    Friday, April 29th, 2011

    On Friday, the U.S. dollar lost 1.95 percentage points from its Thursday’s value and traded at 370.05 drams at NASDAQ OMX Armenia Stock Exchange.

    First quarter budget executed with 2.4 billion dram deficit

    Friday, April 29th, 2011

    Armenian finance ministry said today in a statement that the first quarter budget was executed with a 2.4 billion Dram deficit, down from the projected 27.5 billion Drams deficit.

    MP: GDP growth in Armenia to exceed budget indicator by the end of the year

    Friday, April 29th, 2011

    GDP growth in Armenia will exceed the budgeted indicator by the end of 2011, considers the Chairman of Standing Parliament Committee on Economic Issues Vardan Ayvazyan.

    The volume of deposits attracted by Armenian banks increased by 4.9% to 754.9 billion drams in March

    Friday, April 29th, 2011

    In March, Armenian commercial banks attracted deposits in the amount of about 754.9 billion drams which is by 4.9% more than last month.

    Volume of credits by the program of low rate crediting in agriculture exceeds 2.1 billion drams in Armenia

    Friday, April 29th, 2011

    Volume of credits by the program of low rate crediting in agriculture exceeds 2.1 billion drams in Armenia.

    Armenian banks lower their lending interests by 2-3 percent in 2010

    Friday, April 29th, 2011

    Armenian banks lowered their lending interests by 2-3 percent in 2010, Ashot Osipyan, chairman of the Union of Banks of Armenia, said on Thursday.

    Armenian Central Bank chairman may sue former premier for insulting regulator’s employee

    Friday, April 29th, 2011

    On Thursday, Arthur Javadyan, chairman of the Central Bank of Armenia, said that the regulator may sue those persons who insult its personnel.

    Central bank chairman says money transfers to Armenia surge by 25% in the first two months of 2011

    Thursday, April 28th, 2011

    Armenia’s Central Bank governor Arthur Javadian said today money transfers to Armenia surged by 25% in the first two months of 2011 if compared to the same time span of last year.