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Daily Archives: Nov 23, 2010

Armenia’s Central Bank places one billion drams worth short-term government bonds

Capital market
Armenia’s Central Bank said it has placed today one billion Drams worth short-term government (treasury) bonds of AMGT34197119 series with a 34-week maturity period.

Net profit of VTB Bank (Armenia) for Jan-Sept 2010 amounts to AMD 3.2 billion

Banks
Net profit of VTB Bank (Armenia) for the first nine months of this year amounts to AMD 3.2 billion.

Total capital of Armenian insurance companies rises by 10.19% to 12.7 billion drams

Insurance
The total capital of Armenian insurance companies rose by 10.19% in the third quarter of 2010 or by 1.2 billion Drams, to 12.7 billion Drams.

Central bank injects $150 million this year into Forex market to curb inflationary pressures: former CB governor

Economy
A former governor of Armenia’s Central Bank, Bagrat Asatrian, criticized Monday the Central Bank for injecting $150 million this year into forex market in a bid to curb inflationary pressures, saying as a result the country’s external reserves have slashed from $2 billion to $1.850 billion and the national currency, the Dram, has gained 10% over USD and Euro affecting the exports.

Weighted Average Rate Of Armenian Dram To Us Dollar Is 361.87 For $1 On November 22, 2010

Exchange market
Weighted Average Rate Of Armenian Dram To Us Dollar Is 361.87 For $1 On November 22, 2010

Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1

Capital market
Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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