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  • Archive for July, 2013

    About $12.9 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, July 22nd, 2013

    The Central Bank of Armenia said nearly $12.9 million against $8.8 million (from 9 to 13 July) was traded at NASDAQ OMX Armenia stock exchange from 15 to 19 of July

    Armenia’s Commercial Banks purchase over $101mln at intra-banking forex market last week

    Monday, July 22nd, 2013

    Armenian commercial banks purchased more than $101mln at a weighted average rate of 409.67drams per $1 in intra-banking foreign exchange market from July 15 to July 19, the press service of the Central Bank reported

    Investments of EBRD in Armenia’s economy to total $120 million in 2013

    Friday, July 19th, 2013

    Investments of the European Bank for Reconstruction and Development in Armenia’s economy will reach $120 million by the end of this year

    First half inflation ups 4.1 percent year-on-year

    Friday, July 19th, 2013

    The first half inflation in Armenia rose by 4.1% from the year before, the National Statistical Service said today. Compared to 2012 June it increased by 6.5%, it said

    Moody’s changes U.S. rating from “Negative” to “Stable”

    Friday, July 19th, 2013

    Moody’s reviewed U.S. credit rating up from “negative” to “stable,” RIA Novosti reported referring to Reuters

    IFC to provide FINCA with $4 million loan to finance micro, small and medium enterprises

    Thursday, July 18th, 2013

    IFC, a member of the World Bank Group, said it will provide armenian FINCA UCO CJSC with a loan of $4 million in local currency, to help it finance micro, small and medium enterprises (MSMEs) so they can expand, create jobs, and reduce poverty

    RESO to insure clients of Georgia’s Intercontinental tour operator

    Thursday, July 18th, 2013

    Intercontinental tour operator of Georgia has come up with a number of new market proposals which will be exclusively represented by Exotour agency in Yerevan

    “Mika Cement” plant resumes operating due to funding from VTB BANK (Armenia)

    Thursday, July 18th, 2013

    “Mika Cement” plant resumes functioning as it receives lending from VTB Bank (Armenia)

    Prices for buying gold dropped by 17.9% to 16, 345.92 drams over 6 months

    Thursday, July 18th, 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

    EBRD President to have press conference in Yerevan

    Thursday, July 18th, 2013

    EBRD President, Sir Suma Chakrabarti will have a press conference on Friday, 19th July at 17:30 at the Elite Plaza in Yerevan, dedicated to his first official visit to Armenia as part of his tour of the South Caucasus countries.