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    June 2013
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  • Archive for June 10th, 2013

    More expensive prices of gas and electricity to push inflation by 2.5 percent: Central Bank

    Monday, June 10th, 2013

    The chairman of Armenia’s Central Bank, Artur Javadyan, told the parliament today that the rise in the prices of gas and electricity to become effective from July 7 will push the inflation rate by 2.5%

    Reso insurance company wins charity marathon

    Monday, June 10th, 2013

    Three employees of Armenian Reso insurance company were named the winners of the second annual charity marathon called “Yerevan Business Run-2013″, which was held on June 9 in the Armenian capital, the company said in a press release

    Armenia: Forex market review for June 3-7

    Monday, June 10th, 2013

    Last week, the average weighted exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange fell by 0.97% to 413.44 drams as the weekly trading decreased by 47.52 percent from the previous week to $8.88 million. The average exchange rate of the greenback declined further by 0.95% on June 8 to 414, 72 drams

    About 86% of Armenian bankers foresee yearly inflation within 2.5-5.5%: poll results

    Monday, June 10th, 2013

    About 86% of the banking respondents in a poll conducted by Armenia’s central bank in Q1 said the 12-month inflation will range between 2.5% and 5.5%

    Armenian Central Bank auctions mid-term government bonds worth AMD 500 million

    Monday, June 10th, 2013

    On Monday, the Central Bank of Armenia sold 39-week AMGT39103146 government bonds worth 500 million drams, the regulator’s press office reports

    Metals market: gold and copper prices are likely to down

    Monday, June 10th, 2013

    Gold prices demonstrated no definite dynamics over the past five days. Most of the time the investors were pretty restricted. Gold prices were pressured amid the concerns over the demand from the world largest gold consumer

    All deposits in Armenia’s banks valued at over AMD 1 315,7 bln in April, 2.5% down

    Monday, June 10th, 2013

    All deposits in Armenian commercial banks fell in April by 2.5% from March to 1 315,7 billion drams, according to the Central Bank of Armenia

    Electric networks of Armenia unprofitable in 2012: CEO

    Monday, June 10th, 2013

    Electric Networks of Armenia operated at a loss in 2012, the company’s general director Yevgeniy Bibin told reporters Friday

    About $8.88 mln traded at NASDAQ OMX ARMENIA stock exchange last week

    Monday, June 10th, 2013

    The Central Bank of Armenia said nearly $8.88 million against $16.9 million was traded at NASDAQ OMX Armenia stock exchange from 3 to 7 of June

    Armenian Commercial Banks obtained over $86.6 mln last week

    Monday, June 10th, 2013

    Armenian commercial banks purchased over $86.6 million at an average weighted rate of 415.40 drams per $1 from 3 to 7 June in intra-banking market of foreign currency