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    April 2012
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  • Archive for April 10th, 2012

    Armenia’s Central Bank keeps refinancing rate unchanged at 8 percent

    Tuesday, April 10th, 2012

    Armenia’s Central Bank Board said it has kept its key refinancing rate unchanged at 8.0 percent on Tuesday after data showed annual inflation remained within the government’s target for the year.

    Total assets of CBA in 2011 increased by 19.6% to 1 105.9 billion drams

    Tuesday, April 10th, 2012

    Total assets of Central Bank of Armenia in 2011 increased by 181.3 billion drams or 19.6% compared to 2010 making about 1 105.9 billion drams as of December 31, 2011.

    Armenia’s commercial banks purchased $70.2 mln last week

    Tuesday, April 10th, 2012

    Armenian commercial banks purchased over $70.2 million at weighted average rate 390.52 drams per $1 April 2-6 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Tuesday.

    Armenia: forex market review for April 2-6

    Tuesday, April 10th, 2012

    Thee average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange rose by 0.06% last week to 391.50 drams with weekly trading amounting to 15.57 million U.S. dollars, which was 30.18% higher than in the previous week.

    Metals market: precious assets grow as U.S. publishes weak data

    Tuesday, April 10th, 2012

    Quotes for precious metals reported rise on the first day of the trading week. Gold prices climbed 1.37% to 1,652.39 USD per troy ounce after U.S. published unfavorable macroeconomic data on Friday and due to sustainable rate of the main currency pair in FOREX international currency market.