Tue, 4 March
1.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Armenian median monthly wage rises by 7.3% $297

YEREVAN, November 2, /ARKA/. Armenian National Statistical Service said the median monthly wage rose by 7.3% in 2010 September from 2009 September to 108,067 Drams, en equivalent of $297, €228 or 9,158 Russian rubles. It said in 2010 September the median wage rose by 2% from August, when it was 105, 948 Drams, which in turn was 7.3% more than in 2009 September.

As usual the highest median wage of 128,893 Drams was registered in the southern province of Syunik and the lowest wage of 72.615 Drams in central Aragatsotn province.

By economy sectors, the highest median wage of 259,617 Drams was boasted by financial and insurance sectors, which were followed by information and communication sector – 226, 442 Drams, mining sector -219,205 Drams, production and distribution of gas, electrical power and steam– 151,178 Drams, construction sector– 150, 459 Drams and government administration – 120, 929 Drams.

The lowest paid were culture and recreation sector workers– 61,742 Drams, agriculture and fishing industry workers– 67,785 Drams, public food catering workers – 68, 057 Drams, education sector workers– 72, 209 Drams, health and social security sectors – 72, 320 ($1 – 357.98 Drams). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img