Daily Archives: Dec 17, 2010

IMF Predicts 9-10% Full Year Inflation For Armenia

Mark Horton, IMF newly appointed Resident Rrepresentative in Armenia, said today the full-year inflation will be within 9-10%.

Some $79 million bought at Armenian forex market December 13-17

A total of $79 million were bought at Armenian Forex market on December 13-17 at an average weighted exchange rate of 359.85 Drams per one USD.

To overcome poverty government needs 93.5 billion drams: Unit head

A total of 93.5 billion Drams, which is an equivalent of 3% of the GDP will be enough to overcome poverty in Armenia.