The decline in Armenia’s foreign trade is resulting largely from the weakening demand from Russia and the EU, the World Bank said in its monthly review of Armenian economy
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Archive for July, 2015
Decline in Armenia’s foreign trade resulting from weakening demand from Russia and EU
Wednesday, July 22nd, 2015Central bank’s purchase of $30 million alleviates pressure on exchange rate – World Bank says
Wednesday, July 22nd, 2015The World Bank has commended Armenia’s Central Bank for purchasing $30 million saying in its monthly review of Armenia’s economy
Gold buying price in Armenia drops to 16,305 drams per one gram
Monday, July 20th, 2015The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week
Central bank auctions 0.5 billion drams worth short-term bonds
Monday, July 20th, 2015Armenia’s Central Bank said today it has auctioned 500 million drams worth short-term government bills of AMGT26181162 issue maturing in 26 weeks
Net profits of Armenian banks slashed by almost 55% in first half
Monday, July 20th, 2015Net profits of Armenian commercial banks in the first half of 2015 slashed by almost 55% from the year before to 8.130 billion drams
Some $7.5 million traded at NASDAQ OMX Armenia in the last week
Monday, July 20th, 2015A total of $7.5 million were traded at NASDAQ OMX Armenia stock exchange in a time span from July 13 to July 18. The figure was up from $3.25 million traded at the exchange stock from July 6 to July 10, the exchange told ARKA
$79.7 million bought by commercial banks at Armenia's intra-banking forex market
Monday, July 20th, 2015Commercial banks bought $79.7 million at 477.81 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between July 13 and 18, the press office of the Central Bank of Armenia reports
Three-week bank shutdown in Greek costs the country's economy 3.0 billion euros
Saturday, July 18th, 2015The three-week bank shutdown in Greek has cost the country’s struggling economy 3.0 billion euros ($3.3 billion) not counting lost tourism revenue, the Kathimerini daily said Saturday citing commerce groups
US dollar rises by 0.68 p.p. against Armenian dram
Friday, July 17th, 2015The US Dollar has grown today by 0.68 percentage point over Armenia’s national currency from July 16 to 479.93 drams, the Central Bank said
