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Monthly Archives: March, 2010

Finance minister: volatility on Armenia’s forex to continue

Things on Armenia’s foreign exchange will remain volatile, Armenian Finance Minister Tigran Davtyan said Wednesday at a press conference.

Finance minister: Armenian government intends to curb inflation in 2010

Armenian government intends to concentrate its efforts on curbing inflation risks in 2010, Finance Minister Tigran Davtyan said at a press conference on Wednesday.

Ameriabank and Cascade Bank to merge before yearend

Ameriabank and Cascade Bank to merge before yearend

Ameriabank obtains status of agent on government (treasury) mid-term and long-term coupon bonds market

On March 26 this year Ameriabank CJSC obtained the status of an Agent on the government (treasury) mid-term and long-term coupon bonds market of Armenia.

ADB lends $40 million to build new terminal in Armenia’s main airport

The Asian Development Bank (ADB) said it is providing a loan of up to $40 million to help build a new terminal at Zvartnots International Airport in Yerevan, Armenia.

IMF completes third review under stand-by arrangement for Armenia and approves $73.6 million disbursement

The Executive Board of the International Monetary Fund (IMF) completed March 29 the third review of Armenia’s economic performance under a program supported by a Stand-By Arrangement (SBA).

Weighted average rate of Armenian dram to us dollar is 396.59 for $1 on march 29, 2010

Weighted average rate of Armenian dram to us dollar is 396.59 for $1 on march 29, 2010

Weighted average of us dollar rate in NASDAQ OMX Armenia as of march 29, 2010 was 398.84 drams for $1

Weighted average of us dollar rate in NASDAQ OMX Armenia as of march 29, 2010 was 398.84 drams for $1

Dollar adds 2.45 points on NASDAQ OMX Armenia stock exchange

Dollar adds 2.45 points on NASDAQ OMX Armenia stock exchange

Inecobank offers money transfers via BLIZKO system

Inecobank offers money transfers via BLIZKO system

Armenian economy may grow by 2%, HSBC Bank Armenia

HSBC Bank Armenia CEO, Astrid Clifford, said today Armenian economy may grow this year by 2%.

HSBC Group invests $100 in climate partnership

HSBC Group has invested $100 million since 2007 in fighting the effects of climate change, HSBC Bank Armenia CEO, Astrid Clifford, said today.