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  • Archive for August, 2015

    Armenia’s monetary base in July 2015 increases by 8% from June to about 883.3 billion drams- NSS

    Monday, August 31st, 2015

    According to the latest data of the National Statistical Service (NSS), Armenia’s monetary base in July 2015 increased by 8% from June to about 883.3 billion drams

    Dollar-dram exchange transactions at NASDAQ OMX Armenia total $3.3 million last week

    Monday, August 31st, 2015

    Dollar-dram exchange transactions at NASDAQ OMX Armenia stock exchange totaled $3.3 million over a period from August 24 to 28 against $300,000 one week before, the press office of the Central Bank of Armenia told ARKA News Agency

    $64.5 million bought by commercial banks last week at Armenia's intra-banking forex market

    Monday, August 31st, 2015

    Commercial banks bought $64.5 million at 482.14 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between August 24 and 28, the press office of the Central Bank of Armenia reports

    Jermuk branch recognized as the best branch of VTB Bank (Armenia)

    Friday, August 28th, 2015

    VTB Bank (Armenia) has recognized its branch in the resort town of Jermuk in the southern Vayots Dzor province as the best of the branches which has secured a three-time increase in individual deposits

    Japan’s inflation slumps to zero

    Friday, August 28th, 2015

    The Bank of Japan’s key inflation gauge slumped to zero for the third time this year, as tumbling energy prices counter Governor Haruhiko Kuroda’s effort to reflate the world’s third-biggest economy, vestifinance.ru reported citing Bloomberg

    EDB begins preparations for the 10th international conference on Eurasian integration

    Friday, August 28th, 2015

    On 29 October 2015, Eurasian Development Bank (EDB) will host the 10th International Conference on Eurasian Economic Integration in Moscow

    Economist: Armenian dram devaluation inevitable

    Thursday, August 27th, 2015

    Armenia’s national currency will inevitably go down against the US dollar, Vardan Bostanjyan, an economist, told journalists on Thursday

    Eurasian Economic Union development prospects discussed at seminar in Armenia's Dilijan

    Thursday, August 27th, 2015

    A round-table discussion over macroeconomic policies of Eurasian Economic Union member countries and stabilization of their economies took place Thursday in Dilijan in the training and research center of the Central Bank of Armenia

    Gold buying price in Armenia ups 1.6% to 15,975.24 drams

    Thursday, August 27th, 2015

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for buying and selling precious stones and metals which are effective for this week

    Dollar believed to continue upward motion in Armenia exceeding 500 drams in late September - forecast

    Wednesday, August 26th, 2015

    Artak Manukyan, an economist, thinks the Armenian dram will continue its downward motion against the US dollar, which is likely to be traded at 500 drams and more in late September