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  • Archive for December 15th, 2014

    Eurasian development bank organizes special New Year event for children with cancer

    Monday, December 15th, 2014

    The employees of the Eurasian Development Bank (EDB) organized a special New Year event today for children who are being treated at the Fanarjian National Center of Oncology in Yerevan

    HayPost and Russian post sign agreement to implement fast money remittances via Forsage system

    Monday, December 15th, 2014

    Armenia’s national postal operator HayPost and Russian Post have signed an agreement to implement express money transfers between the two countries by using Forsage system

    Central Bank cuts fixed amount of USD sold to local banks by $2 million

    Monday, December 15th, 2014

    Armenia’s Central Bank has sold today $4 million to local commercial banks, by $2 million less it had been selling to them last week, at the average weighted exchange rate of 494.46 drams per one US Dollar

    Armenia’s currency plunges deeper today

    Monday, December 15th, 2014

    Armenia’s national currency, the dram, has plunged deeper today to 471.78 drams per one US dollar, the Central Bank reported

    Share of Armenia’s public debt in 2015 GDP to make 42.2 percent – deputy minister

    Monday, December 15th, 2014

    The share of Armenia’s public debt in the overall 2015 GDP will be 42.2%, deputy finance minister Pavel Safaryan said today during an extraordinary session of the parliament

    Kamurj credit organization makes mortgage loans more accessible

    Monday, December 15th, 2014

    Kamurj (Bridge) universal credit organization has joined the credit programs of the National Mortgage Company and Bnakaran Yeritasardnerin

    Sharp currency fluctuations not in the interest of Armenian banks at all – Chzmachyan

    Monday, December 15th, 2014

    Sharp currency rate fluctuations are not in the interest of Armenia’s banks as they lead to higher risks that are less manageable

    Nearly $100,000 traded at NASDAQ OMX Armenia stock exchange last week

    Monday, December 15th, 2014

    The Central Bank of Armenia said nearly $100,000 was traded at NASDAQ OMX Armenia stock exchange from December 8 to December 12. It stood at $3.5 million from December 1 to December 5, according to the report

    Armenia’s commercial banks purchase about $100 mln at intra-banking forex market last week

    Monday, December 15th, 2014

    Armenian commercial banks purchased about $100 mln at a weighted average rate of 454.88rams per $1 in intra-banking foreign exchange market on December 8 to December 12, the press service of the Central Bank reported

    Armenian dram continues falling, 3.3% depreciation seen last week

    Monday, December 15th, 2014

    The Armenian dram fell by 3.3% from December 8 to December 12, despite the central bank’s interventions worth $30 million