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  • Archive for November 23rd, 2015

    External loans must be invested in paying projects, economist says

    Monday, November 23rd, 2015

    External funds attracted by the government of Armenia from international lending institutions must be invested in effective and paying projects, an economist Vardan Bostanjyan said today

    Armenian banks lower their 12-month inflation forecast for 2015

    Monday, November 23rd, 2015

    A survey conducted among Armenia-based banks revealed that they expect this year’s 12-month average inflation to be 4.3%, down from their previous average forecast of 4.7%, the Central Bank of Armenia said today in a report on its monetary policy for the third quarter of 2015

    Armenian banks bought $81.7 million in one week

    Monday, November 23rd, 2015

    Twenty-one Armenia-based commercial banks bought a total of $81.7 million from the local foreign exchange intra-market from November 16 to 20 at the weighted average exchange rate of 480.88 drams per $1, the press service of the Central Bank of Armenia said

    Some $3.08 million traded at NASDAQ OMX Armenia stock exchange last week

    Monday, November 23rd, 2015

    A total of $3.08 million was traded at NASDAQ OMX Armenia stock exchange November 16 to 20, the press service of the Central Bank of Armenia told ARKA