YEREVAN, November 16. /ARKA/. Armenia has asked today Russia to protect its sovereign territory from the attack of Azerbaijani troops,  Secretary of the Security Council  Armen  Grigoryan said to the Public TV.

"Since the attack was carried out on the sovereign territory of Armenia, according to the agreement of 1997, we appeal to the Russian Federation with a request to protect the territorial integrity of Armenia. This is an oral appeal, now a written one is being prepared," he noted.

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As a result of cooperation between Acba bank and Russian Sberbank, it is now possible to receive money transfers from Russia in a matter of seconds in 24/7 mode without providing banking data. A phone number is sufficient, the press service of Acba bank reported

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Private money transfers sent to Armenia through banks in the first seven months of 2020 dropped by 15.3% year-on-year to about $893.3 million, the Center for Economic Development Initiatives said in a report posted on its website

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Russia said on Monday it would initiate a process to scrap an agreement with Cyprus aimed at avoiding double taxation, the Russian Finance Ministry said on Monday, TASS reported

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Russian Prime Minister Mikhail Mishustin signed a decree on the nomination of Nikolai Podguzov for the post of chairman of the board of the Eurasian Development Bank (EDB), TASS reported

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The volume of money transfers from the CIS countries to Russia in March grew by 47%, compared with January, TASS reported Friday referring to Izvestia, which presents figures of the Unistream money transfer system

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Armenia offered Russia to pay for gas in the Russian currency, Armenian Prime Minister Nikol Pashinyan said Monday reporting on the results of his conversation with Russian President Vladimir Putin

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The economic pressures resulting from the spread of the coronavirus and the lower oil price are credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions, Fitch Ratings says. Fitch has revised banking sector outlooks to negative for seven of the eight markets it covers in the region – Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus and Georgia. The banking sector outlook for Uzbekistan remains stable

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The Yerevan-2800 silver collectible commemorative coin, issued by the Central Bank of Armenia in 2018, won the 3rd place in the Coin of the Year nomination at the 13th international competition Coin Constellation 2019 in the Russian Federation

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The Central Bank of Armenia has denied rumors about restrictions on fast individual money transfers to Armenia from Russia and Kazakhstan. It said Wednesday that it contacted partner organizations and was assured that there were no any restriction for transfers to Armenia, and the existing restrictions set by regulating organizations don’t apply to countries, especially to Armenia

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