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  • Archive for August 18th, 2015

    Private remittances to Armenia slash by 30.5% to about $ 537.1 million

    Tuesday, August 18th, 2015

    Private remittances sent to Armenia mostly by labor migrants in the first six months of 2015 for non-commercial purposes slashed further by 30.5% from the year earlier to about $ 537.1 million, according to the Central Bank’s monthly bulletin for June 2015

    Russia’s GDP drop may amount to 4 percent, economist says

    Tuesday, August 18th, 2015

    A Kremlin’s economic advisor Andrei Belousov said Russia’s gross domestic product (GDP) could drop by 4% this year, far more than expected by the government

    The agreement on exchange of information poses no threat to Armenia’s interest, deputy head of central bank says

    Tuesday, August 18th, 2015

    A deputy governor of Armenian Central Bank downplayed today concerns that an agreement on exchange of information between member states of the Eurasian Economic Union (EEU) may damage Armenia’s national interests

    Armenian banks’ credit investments drop by 4.5% in first half to 2.069 trillion drams

    Tuesday, August 18th, 2015

    In the first half of 2015 Armenian commercial banks appear to have cut their credit investments by 4.5%, which stood at 2.069 trillion drams in late June, according to ARKA news agency’s financial and economic bulletin “Banks of Armenia” which shows the performance of Armenian banks for the second quarter of 2015

    US dollar drops by 0. 45 p.p. against Armenian dram

    Tuesday, August 18th, 2015

    The US Dollar has dropped today by 0.45 percentage points over Armenia’s national currency from August 17 to 477.62 drams, the Central Bank said