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  • Archive for December 24th, 2012

    Gold price down in Armenia

    Monday, December 24th, 2012

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals

    Armenian Central Bank auctions short-term Government bonds

    Monday, December 24th, 2012

    Armenia’s Central Bank said today it has auctioned short-term government treasury bonds worth 1.5 billion drams of AMGT13253131 issue with a maturity period of 13 weeks

    Armenia’s sovereign debt stands at $4.37 bln in 2012: Finance Ministry

    Monday, December 24th, 2012

    Armenia’s sovereign debt stands at $4 billion 374.9 million in 2012, Finance Minister Vache Gabrielyan said at a press conference on Monday

    Armenia’s state budget implemented with surplus in Jan-Nov: Finance Minister

    Monday, December 24th, 2012

    The revenues of Armenia’s 2012 state budget for January-November hit 841 billion drams, and expenditures- 831.6 billion drams ensuring the annual program implementation at 90.2% and 85.1% respectively, Finance Minister Vache Gabrielyan said at a press conference on Monday

    Metals Market: Investors disappointed with concerning talks over U.S. budget

    Monday, December 24th, 2012

    Gold quotes dropped significantly last week amid concerns about “budget breakdown” in the U.S. The price for gold tumbled to the new minimum of 1,635.17 USD per troy ounce recording the lowest result over the last four months

    Total of $19.3mln traded in USD at NASDAQ OMX Armenia last week

    Monday, December 24th, 2012

    Amount of transactions in USD at Nasdaq OMX Armenia stock exchange in the period from December 17 to 21 grew by 35.3% to over $19.3mln, the press service of Armenia’s Central Bank reported. USD average exchange rate was 404.92 drams. No transaction was effected in euro or Russian rubles

    Armenia’s commercial banks purchased over $104.7 mln last week

    Monday, December 24th, 2012

    Armenian commercial banks purchased over $104.7 million at an average weighted rate of 405.69 drams per dollar in the period from December 17 to 21 in forex intra-banking market, the press service of Armenia’s Central Bank reported

    GazpromBank withdraws from Moscow stock exchange

    Monday, December 24th, 2012

    GazPromBank, one of five biggest banks of the Russian Federation, withdrew from the stock fund of the Moscow Stock Exchange, Prime reported