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  • Archive for February, 2013

    Gold prices down in Armenia

    Monday, February 25th, 2013

    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 banks’ gold transactions dropped 30.7% to 586.3mln drams in 2012

    Monday, February 25th, 2013

    Gold transactions by Armenian commercial banks (deposits, standardized ingots and commemorative coins) amounted to 586.3mln drams in 2012, a 30.7% reduction against the year before

    Armenia: Foreign exchange market review for February 19-22

    Monday, February 25th, 2013

    The average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange last week rose 0.48% to 408.96 drams with weekly trading amounting to $4 million, which was 75.03% less than the previous week

    Gold and Copper quotes tumbled amid concerns around stimulus measures

    Monday, February 25th, 2013

    Gold prices continued tumbling over the past five trading days as hopes for asset procurement program to last were fading away. The reason was the minutes of the last meeting of the US Federal Reserve System. According to the minutes, some US regulator

    Areximbank-Gazprombank Group sets money transfers via (Georgia)

    Monday, February 25th, 2013

    Areximbank-Gazprombank Group CJSC announced today money transfers can be now made via INTELEXPRESS (Georgia) system

    Armenia’s commercial banks purchased over $67.1 mln last week

    Monday, February 25th, 2013

    Armenian commercial banks purchased over $67.1 million at an average weighted rate of 406.42 drams per $1 from 18 to 22 February in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday

    ARKA News Agency releases fresh issue of its insurance companies bulletin Q4 2012

    Monday, February 25th, 2013

    ARKA news agency has released a fresh issue of its quarterly bulletin ‘Insurance Companies of Armenia’ for the last quarter of 2012. The bulletin is compiled based on the companies’ financial reports

    USD purchasing/selling at NASDAQ OMX ARMENIA hit $4 mln last week

    Monday, February 25th, 2013

    USD purchasing/selling at NASDAQ OMX Armenia stock exchange within February 18-22 fell to $4 million from $17.49 throughout February 11-15, the Central Bank reported to ARKA on Monday

    Cable against further U.K. cuts, wall street journal reports

    Monday, February 25th, 2013

    U.K. Business Secretary Vince Cable, a senior member of the junior coalition partner the Liberal Democrats, Sunday made it clear his party would not support deeper austerity measures to regain a triple-A credit rating from Moody’s

    ACBA ON-LINE clients can use this service also for paying their utility bills

    Friday, February 22nd, 2013

    All the clients of ACBA ON-LINE can use this service also for paying their utility bills without visiting the bank, the press office of ACBA-CREDIT AGRICOLE BANK told ARKA News Agency on Friday