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  • Archive for April, 2013

    First quarter budget performed with 25.1 billion drams surplus

    Monday, April 29th, 2013

    In the first quarter of 2013 Armenian tax authorities collected a total of 231.3 billion drams in revenue, while the government spending amounted to 206.1 billion drams. The resulting budget surplus was 25.1 billion drams, deputy finance minister and chief treasurer Artyom Janjugazian, said today

    Gold price rose in Armenia

    Monday, April 29th, 2013

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry

    Armenia: Forex market review for April 22 - 26

    Monday, April 29th, 2013

    Last week, the average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange fell by 1.43% to 409.56 drams as the weekly trading amounted to $15.24 million

    Metal market: metals recover after negative dynamics

    Monday, April 29th, 2013

    Prices of precious assets, including gold, were rising from 22 to 26 April. Gold quotes increased in three out of five trading sessions mainly due to physical purchases at low prices

    Armenia’s commercial banks purchase over $77.2mln at intra-banking Forex market last week

    Monday, April 29th, 2013

    Armenian commercial banks purchased more than $77.2mln at a weighted average rate of 413.6drams per $1 in intra-banking foreign exchange market on April 22-26, the press service of the Central Bank reported

    Nearly $15.24 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, April 29th, 2013

    The Central Bank of Armenia said nearly $15.24 million was traded at NASDAQ OMX Armenia stock exchange from 22 to 26 April. The week before it stood at $7.87 million, according to the report

    Central banks load up on equities: Bloomberg

    Friday, April 26th, 2013

    Central banks, guardians of the world’s $11 trillion in foreign-exchange reserves, are buying stocks in record amounts as falling bond yields push even risk- averse investors toward equities

    Cyprus bank deposits decreased by almost 4 percent

    Friday, April 26th, 2013

    Cypriot banks lost 1.8 billion euros ($2.4 billion) in deposits in March, when the country agreed to tax bank deposits as part of a European Union-led bailout

    Cyprus Finance Ministry ready to lift restrictions on foreign banks

    Friday, April 26th, 2013

    Cyprus Finance Ministry issued a decree that allows you to bring in the country are foreign financial institutions from the application of measures restricting banking, ypLive. Com reports

    BOJ keeps same parameters for monetary base upturn

    Friday, April 26th, 2013

    The Bank of Japan confirmed its intention to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen, banki.ru reported referring the regulator