Tue, 13 May
22.5 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Index of economic activeness of Armenia in the 4th quarter increased by 114.5%

YEREVAN, December 21. /ARKA/. Index of economic activeness in the forth quarter of 2010 in Armenia increased by 14.5% versus 2009.

The given indicator reduced by 27% compared with the third quarter.

According to the data of CB Armenia the index of business environment increased making 107.7% and index of consumers’ trust made 108.03%.

Index of economic activeness is calculated on the basis of averaged method of assessment and expectations of respondents regarding the volumes and orders of production and expected changes of industrial supplies. Index of consumers’ trust is the average arithmetical response of consumers (households) relative to their expectations in the change of income. Expenses and employment level, as well as current economic situation. Index of business environment is calculated by the averaged assessments of organizations relative to the changes of total economic situation and risks.

From the beginning of 2005 CB Armenia is conducting quarterly enquiries of non-financial, financial organizations and households. The goal of the enquiries is to assess the changes in current economic situation compared with the previous period, calculate and publish compound economic indices on the basis of the enquiries. –0-

spot_img

POPULAR

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

LATEST NEWS

spot_imgspot_imgspot_img