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  • Archive for December 24th, 2014

    Over 50% of Yerevan residents convinced dollar's surge to strike hard at their welfare

    Wednesday, December 24th, 2014

    Some 56% of the 1,066 Yerevan residents surveyed by Gallup International between December 9 and 16 think the dollar’s surge will strike hard at their families’ welfare

    Central Bank lowers reserve requirement in foreign currency from 24% to 20

    Wednesday, December 24th, 2014

    Armenia’s Central Bank said today it had decided December 23 to lower the reserve requirement for local commercial banks in foreign currency from 24% to 20%

    Armenia’s Central Bank sells $2 million to commercial banks at 459.66 drams per one US dollar

    Wednesday, December 24th, 2014

    Armenia’s Central Bank has sold today $2 million to commercial banks at the average weighted exchange rate of 459.66 drams per one US Dollar

    Ardshinbank opens its renovated branch in Vanadzor

    Wednesday, December 24th, 2014

    Ardshinbank opened its renovated branch in Vanadzor on Tuesday, the bank’s press office reports.

    Dow hits 18K as U.S. growth reaches 11-year high

    Wednesday, December 24th, 2014

    The Dow hit 18,000 after the latest reading on the U.S. economy put growth at an 11-year high, FOX Business reported on Tuesday

    Regulators to rein in reliance on bank rating agencies

    Wednesday, December 24th, 2014

    Banks’ reliance on credit rating agencies is to be limited under moves by regulators to make lending more secure, Citywire.co.uk reports referring to the Financial Times