The amount of remittances sent home by Armenian labor migrants from the Russian Federation is falling as Russian ruble’s free fall extends into new record-breaking territories
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Archive for October 6th, 2014
Russian remittances to Armenia continue to fall amid weakening ruble
Monday, October 6th, 2014Contract between ACBA-CREDIT AGRICOLE BANK and American Express was re-signed
Monday, October 6th, 2014ACBA-CREDIT AGRICOLE BANK and American Express have resigned the contract, which allows the Bank to continue exclusive issuance of American Express Gold, Blue and Cashback cards, as well as acquiring merchants onto American Express network in Armenia
Armenian commercial banks’ overdue loans in August 2014 increase by 6.3% to 27.9 billion drams
Monday, October 6th, 2014Armenian commercial banks’ overdue loans in late August 2014 increased by 6.3% from the previous month to 27.9 billion drams
January September inflation rose by 2.9 from year before, NSS
Monday, October 6th, 2014The inflation in Armenia in January-September 2014 rose by 2.9 if compared with the same period in 2013, Gurgen Martirosyan, the head of a department of the National Statistical Service (NSS)
Armenia’s commercial banks purchase about $110.3 mln at intra-banking forex market last week
Monday, October 6th, 2014Armenian commercial banks purchased about $110.3mln at a weighted average rate of 407.33rams per $1 in intra-banking foreign exchange market on September 29 to October 3
Nearly $7.5 mln traded at NASDAQ OMX Armenia stock exchange last week
Monday, October 6th, 2014The Central Bank of Armenia said nearly $7.5 million was traded at NASDAQ OMX Armenia stock exchange from September 29 to October 3. It stood at $14.5 million from September 22 to 27, according to the report
