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  • Archive for August 14th, 2012

    Armenia: Forex market review for August 6-10

    Tuesday, August 14th, 2012

    Last week the U.S. dollar’s average weighted exchange rate at NASDAQ OMX Armenia stock exchange rose by 0.22 % to 411.92 drams with weekly trading amounting to USD 12.20 million, 96. 77% higher from a week earlier

    Metals market: Gold and Copper prices surge amid new stimulation expectations

    Tuesday, August 14th, 2012

    Last Monday gold prices went up amid the positive expectations that the ECB may launch additional measures for European economy aid. Indeed, ECB Governing Council member Ardo Hansson’s comments about the “significant” volume of bond-buy

    Credit investments and receivables of Armenia’s credit organizations jump 15.5% to AMD 147.4 bln

    Tuesday, August 14th, 2012

    Credit investments and accounts receivables of Armenia’s credit organizations rose by 16.5 % to total of 147.4 billion drams as of June 31, according to the 2 Q review compiled by the Central Bank of Armenia