Weighted Average Rate Of Armenian Dram To Us Dollar Is 360.55 For $1 On October 18, 2010

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.