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  • Archive for August, 2013

    Gold price in armenia climbs 2.3 percent to 16,453 drams per one gram

    Monday, August 26th, 2013

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

    Armenian Central Bank offers short-term government bonds worth AMD 500 million

    Monday, August 26th, 2013

    On Monday, the Central Bank of Armenia offered 13-week AMGT1325B133 government bonds worth 500 million drams, the regulator’s press office reports

    Nikkei eases in thin trade; Tax hike, fed tapering uncertainties weigh: Reuters

    Monday, August 26th, 2013

    The Nikkei average edged down in very thin trade on Monday as uncertainties over a planned sales tax hike and the U.S. Federal Reserve’s tapering kept many investors sidelined, while steady Asian stocks limited the downside for Japanese stocks

    Armenia’s commercial banks purchase over $92.3mln at intra-banking forex market last week

    Monday, August 26th, 2013

    Armenian commercial banks purchased more than $92.3mln at a weighted average rate of 405.60drams per $1 in intra-banking foreign exchange market on August 20-24, the press service of the Central Bank reported

    Nearly $24.26 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, August 26th, 2013

    The Central Bank of Armenia said nearly $24.26 million was traded at NASDAQ OMX Armenia stock exchange from August 20 to 24. It stood at $19.06 million from August 12 to 16, according to the report

    Armenia’s Central Bank expects inflation rate in third quarter to rise to 8.5%

    Saturday, August 24th, 2013

    Armenia’s Central Bank expects the 12-month inflation rate in the third quarter of 2013 to climb to 8.5%. This forecast can be found in the regulator’s report on third quarter monetary policy

    IMF managing director calls on major central banks to continue support for weak economies

    Saturday, August 24th, 2013

    The head of the International Monetary Fund (IMF) cautioned the world’s major central banks Friday not to withdraw their unconventional support for weak economies too soon

    Armenian banks’ time deposits grow by 12 percent in second quarter to about 667.9 billion drams

    Saturday, August 24th, 2013

    Armenia’s 21 banks’ time deposits of individuals and private entrepreneurs saw an almost 12 percent rise in the second quarter

    Combined obligations of 33 credit organizations in Armenia increase by 5.88 percent in second quarter

    Friday, August 23rd, 2013

    Combined liabilities of 33 credit organizations in Armenia increased by 5.88 percent (6.5 billion drams) in the second quarter of 2013 to about 117.3 billion drams, according to an ARKA study

    Average return on assets of Armenian credit organizations 3.79% as of end of June

    Friday, August 23rd, 2013

    Return on assets (ROA) of Armenia’s credit organizations was 3.79% as of the end of June as compared to 3.67% as of March 31, 2013