Daily Archives: Sep 2, 2010

Analyst warns full-year inflation rate in Armenia may go beyond 10%

Analyst warns full-year inflation rate in Armenia may go beyond 10%

Armenian dram leader

The Armenian national currency has already regained its lost value after it plunged against the U.S. dollar between March 2009 and March 2010 to AMD 405 per one dollar.

Armenia’s industrial output in Jan.-July grows by 14.1% to 434.5 billion drams

Armenia's industrial output in Jan.-July 2010 grew by 14.1% year-on-year to 434.5 billion Drams (in current prices).

Ararat Ghukasian appointed as chief executive director of Byblos Armenia Bank

Ararat Ghukasian was appointed as chief executive director of Byblos Armenia Bank, the bank said today in a press release.

Armenian Prime Minister Awarded Former Head of CBA

Prime Minister Tigran Sargsyan presented the former head of the Central Bank, the adviser to the chairman of the CBA Isahak Isahakyan

Dollar Gains 1.02 Points at Armenian Forex

The U.S. dollar strengthened 1.02 percentage points against the Armenian national currency on Wednesday, compared with Tuesday, and traded at 363.74 drams.

Total Assets of Armenian Insurance Companies Grow By 4.17% In Q2

The total assets of Armenian insurance companies grew by 4.17% in the second quarter of 2010 (by 711.8 million Drams) to 17.8 billion Drams.