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    December 2020
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  • Archive for December 11th, 2020

    Mutual trade among EEU member countries gores to $62 billion

    Friday, December 11th, 2020

    The mutual trade of the countries comprising the Eurasian Economic Union (EEU) has grown by 35% over the last 5 years to $62 billion, up from $46 billion in 2015, the honorary chairman of the Supreme Eurasian Economic Council, the first president of Kazakhstan, Nursultan Nazarbayev, said today

    Unibank raises interest rate on deposit "Classic" up to 10.25%

    Friday, December 11th, 2020

    Unibank said it has raised the interest rate on the deposit “Classic” in AMD up to 10.25%. According to a bank’s press release, clients can deposit funds for up to 730 days with income payment on a monthly basis or at the end of the deposit term

    Armenian dram keeps on losing its value

    Friday, December 11th, 2020

    The Armenian dram continues to devalue and the economic situation is difficult, Edgar Karapetyan, director for strategy and innovation at Galaxy Group of Companies, wrote on his Facebook page. He said the US dollar is already trading at 520-525 drams