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  • Archive for July 16th, 2015

    ECB keeps benchmark rate unchanged

    Thursday, July 16th, 2015

    The European Central Bank (ECB) governing board voted today to keep the benchmark refinancing rate at its current all-time low of 0.05%, Finmarket.ru reported

    US dollar rises by 0.84 p.p. against Armenian dram

    Thursday, July 16th, 2015

    The US Dollar has grown today by 0.84 percentage point over Armenia’s national currency from July 15 to 479.25 drams, the Central Bank said

    ARKA News Agency releases Press Rating of Armenian banks for 2nd Q 2015

    Thursday, July 16th, 2015

    ARKA News Agency has released a recurrent press rating of Armenian banks for the second quarter 2015, topped by the following banks: 1. ArmSwissBank, 2. Araratbank, 3. ACBA-CREDIT AGRICOLE BANK, 4. HSBC Bank Armenia and 5. VTB Bank (Armenia)

    Expert says Armenia’s public debt is out of debt danger zone

    Thursday, July 16th, 2015

    An Armenian economist has brushed away today allegations that Armenia lies in a debt danger zone, where an economic downturn or a sudden jump in interest rates on world debt markets could lead to disaster