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Daily Archives: May 6, 2013

Gold price in Armenia on the rise

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

Armenian Central Bank floats short-term government treasury bonds worth 1.38 bln drams

The Central Bank of Armenia placed short-term government treasury bonds worth a total of 1.38 billion drams Monday

Armenia: Forex Market review for April 29 – May 3

Last week, the average exchange rate of the U.S. dollar at NASDAQ OMX Armenia stock exchange rose by 1.57% to 415.98 drams with weekly trading totaling $ 6.70 million, which was 56.04% less than the previous week. The average exchange rate of the greenback rose further by 1.28% on Saturday, April 4

Metal market: U.S. labor statistics shake up metal markets

Gold prices were mainly rising last week, however, no stable dynamics was again reported. Physical purchases continued supporting the asset. In addition, mixed macroeconomic statistics of the largest economy and weaker positions of the USD made gold more attractive

Armenia’s commercial banks purchase over $94.1mln at intra-banking forex market last week

Armenian commercial banks purchased more than $94.1mln at a weighted average rate of 410.74drams per $1 in intra-banking foreign exchange market in the period from April 29 to May 3, the press service of the Central Bank reported

Total of $6.7mln traded at NASDAQ OMX Armenia stock exchange last week

The Central Bank of Armenia said Monday a total of about $6.7 million was traded at NASDAQ OMX Armenia stock exchange from April 29 to May 3, as compared to $15.24mln in the week before