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  • Archive for April 15th, 2013

    Gold price drops in Armenia

    Monday, April 15th, 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

    Armenia’s CB auctions AMD 1-bln worth short-term government bonds on April 15

    Monday, April 15th, 2013

    The Central Bank of Armenia said today it had auctioned one billion drams worth short-term government bonds of AMGT39131147 issue maturing in 39 weeks

    Assets of Armenian crediting organizations grew by 3.6 percent in February to 176.7 billion drams

    Monday, April 15th, 2013

    The overall assets of 12 Armenia-based crediting organizations increased by 3.6% to 176.7 billion drams in February as opposed to the previous month, according to the monthly bulletin of the Central Bank of Armenia for February 2013

    Outstanding education loans stood at 3.1 billion drams in late February

    Monday, April 15th, 2013

    By the end of February 2013 the outstanding amount of educational loans provided by Armenian commercial banks stood at 3.1 billion drams, a 0.3% increase from January, according to the monthly bulletin of the Central Bank of Armenia for February 2013

    Armenia: Forex market review for April 8 - 13

    Monday, April 15th, 2013

    The value of USD at last week trading at NASDAQ OMX Armenia stock exchange fell by 0.42% to 417.0 drams as the total weekly trading amounted to $10.93 million

    Metal market: wave of pessimism covers gold and copper markets

    Monday, April 15th, 2013

    As we were expecting, early last week gold prices were slightly climbing amid the disappointing statistics from the U.S. labor market

    Losses of Armenia’s Commercial Banks amount to 879 million drams at end February

    Monday, April 15th, 2013

    Losses of Armenia’s commercial banks totalled 879 million drams as of the end of February 2013 as compared to a total profit of 3.6 billion as of the end of February 2012, Armenia’s central bank reports

    Total of $10.9 mln traded at NASDAQ OMX ARMENIA stock exchange last week

    Monday, April 15th, 2013

    The Central Bank of Armenia said Monday a total of about $10.9 million was traded at NASDAQ OMX Armenia stock exchange from 8 to 13 April, as compared to $11.2mln in the week before

    Armenia’s commercial banks purchase over $103.8mln at intra-banking forex market last week

    Monday, April 15th, 2013

    Armenian commercial banks purchased more than $103.8mln at a weighted average rate of 417.56drams per $1 in intra-banking foreign exchange market on April 8-13, the press service of the Central Bank reported

    China GDP growth slows to 7.7%, WSJ reports

    Monday, April 15th, 2013

    China’s economic growth slowed unexpectedly in the first quarter, raising concerns that a recovery that started in the second half of last year is already losing steam