Daily Archives: Aug 6, 2010

Weighted Average of US Dollar Rate In NASDAQ OMX Armenia as of August 6 Was 364.01 Drams for $1

Weighted average of US dollar rate by transactions in NASDAQ OMX Armenia as of August 6, 2010 making 364.01 drams for $1.

$73.5 Million Bought And $75.3 Million Sold By Armenian Banks Between August 2 And 6

Banks have purchased about $73.5 million at 367.49 drams per one dollar and sold $75.3 million at 368.74 drams per dollar at Armenia’s intra-bank foreign exchange.

Dollar Slips 0.88% against Armenian Dram

The U.S. dollar weakened by 0.88 percentage points against the Armenian national currency on Friday, compared with Thursday, and traded at 366.01 drams.

Armenian Banks’ Aggregate Overdue Loans Grow 8.2% to AMD 5.1 Billion

Aggregate overdue loans extended by Armenian banks amounted to AMD 5.1 billion in late June after growing 8.2%, compared with May.

Armenian Armeconombank Opens New Branch in Yeghegnadzor

Armenian Armeconombank has opened a new branch in Yeghegnadzor, the bank’s press office reported on Wednesday.

Expert: Armenian Banks Keep Merging in Coming Three to Five Years

Armenian banks will keep merging throughout three to five years, said Armen Khandkaryan, director general of Areximbank-Gazprom Group.

1,294 commercial organizations and 5,545 individual entrepreneurs registered in Armenia in Jan-June 2010

1,294 commercial organizations and 5,545 individual entrepreneurs registered in Armenia in Jan-June 2010

Armenian Central Bank places short-term treasury government bonds worth amd 505.1 million

Armenian Central Bank places short-term treasury government bonds worth amd 505.1 million