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  • Archive for March 27th, 2014

    Average market exchange rate of US dollar falls by 0.28 points to 412.07 drams

    Thursday, March 27th, 2014

    The average market exchange rate of a US Dollar against the Armenian dram fell today by 0.28 points from March 26 to 412.07 drams, the Central Bank said. It said the euro traded at 566.72 drams

    Russian economic report 31: confidence crisis exposes economic weakness

    Thursday, March 27th, 2014

    Russia’s economy is navigating an economic downturn with real GDP growth slowing to an estimated 1.3 percent in 2013 from 3.4 percent of 2012

    Transition to Basel III to be smooth for Armenian banks

    Thursday, March 27th, 2014

    Exclusive interview of the Head of Financial System Regulation Department at the Central Bank of Armenia Mher Abrahamyan to ARKA Agency. ARKA – Mr Abrahamyan, the transition to Basel III principles for Armenian banks is scheduled for 2014. What are the measures foreseen as part of introduction of Basel III requirements in Armenia’s banking system, […]