Gold goes up as dollar falls
21.05.2012
YEREVAN, May 21. /ARKA/. Gold price went up by the end of trading on Friday due to investors’ increased purchases and the dollar’s fallen value, RIA Novosti News Agency reports referring to the information received from stock markets.
In closing Friday, gold prices for June delivery rose 1.1% to $1,591.90 an ounce on the Comex in New York. On the week, the metal gained 0.5%.
The dollar fell from 81.45 percentage points to 81.16 points against six countries’ currencies by closing.
“The move up is largely a bounce back from the steep declines we had been seeing in the last two weeks,” Rohit Savant, an analyst with CPM Group in New York, was quoted by Bloomberg.
Views: 13
Categories: Economy, General news, News |
No Comments »
Tags: gold, price, World
Read more 
Armenian banks return on assets index drops to 1.66 percent
18.05.2012
Armenian banks’ return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, dropped to 1.66% in the first quarter of 2012
Views: 40
Categories: Banks, General news, News, News of the hour |
No Comments »
Tags: activity, Armenia, bank
Read more
Transactions with securities at NASDAQ OMX Armenia drop by 30 percent in April
18.05.2012
NASDAQ OMX Armenia stock exchange said the amount of transactions with securities in April saw a 30.21% drop from the previous month to 435.7 million from 624.3 million drams.
Views: 17
Categories: Bonds.am, General news, News, News of the hour |
No Comments »
Tags: Armenia, NASDAQ, transactions
Read more
ARKA releases regular banks of Armenia bulletin
17.05.2012
ARKA news agency has released a regular quarterly issue of «Banks of Armenia” bulletin, compiled based on published financial statements and reports of banks, as well as on additional information provided by the banks
Views: 21
Categories: Banks, General news, News, News of the hour |
No Comments »
Tags: Armenia, Banks, bulletin
Read more
Lending to individuals accounts for 30.9% of Armenian banks’ aggregate loan portfolio
17.05.2012
Individuals’ outstanding loans made up 30.9% of Armenian banks’ loan portfolio in late March
Views: 37
Categories: Banks, General news, News |
No Comments »
Tags: Armenia, bank
Read more
Lending by crediting organizations in March 2012 saw a 4.1% rise
17.05.2012
Lending by crediting organizations in March 2012 saw a 4.1% rise from the previous month of February reaching 89.3 billion drams, the Central Bank of Armenia said in a report
Views: 20
Categories: General news, Loan organizations, News, News of the hour |
No Comments »
Tags: Armenia, CREDIT ORGANIZATIONS, growth
Read more
Greek depositors withdraw 1.2 bln euros in two days
17.05.2012
YEREVAN, May 17. /ARKA/. Greek depositors withdrew 1.2 billion euros , that makes nearly 0.75% of residents’ deposits, from their bank accounts in two days, Russian Vedomosti reports referring to The Financial Times.
Athens-based bankers said the customers pull their money breaking credit agreements, and the capital withdrawal may even increase.
Fears may turn into panic, Greek [...]
Views: 71
Categories: Banks, Exchange market, General news, News |
No Comments »
Tags: Banks, depositors, Greece
Read more
