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Daily Archives: Mar 11, 2011

President: Revaluation Of Armenian Dram Unfavourable Solution For Economy

Exchange market admin -
Revaluation of Armenian national currency is an unfavourable solution to the economy and manufacturers, Armenian President Serzh Sargsyan said Friday

President Of Armenia Expects Reduction Of Inflation Level Two Times From The Government

Economy admin -
President of Armenia Serzh Sargsyan expects reduction of inflation two times from the government and Central Bank.

EBRD: Shady Dealings Hobble Development Armenia’s Economic Development

Economy admin -
Shady dealings hobble development of Armenia’s economy, Valeriu Razlog, head of the EBRD Yerevan Office, said Friday during a round-table discussion.

Total capital of insurance companies of Armenia reduced by 11.16% in the 4th quarter of 2010

Insurance admin -
As of December 31, 2010 total capital of Armenian insurance companies made 11.3 billion drams reduced by 1.4 billion drams or by 11.16% in the 4th Q of 2010.

Armenian Central Bank gives ratings to companies

Banks admin -
The Central Bank of Armenia has given ratings to some companies, the central bank’s press office reported on Thursday.

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Unibank opens new branch in Malatya-Sebastia district of Yerevan

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Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

Euro depreciates by 0.86 points to AMD 409.45

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The average market exchange rate of the US dollar to the Armenian dram on January 16, 2025, amounted to 398.1 drams, having increased by 0.01 points compared to January 15.

Armenia extends program of subsidizing interest rates on loans for grape purchase by six months

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Today, the Armenian government extended by six months the state program of subsidizing interest rates on loans issued to farms for the purchase of grapes.

“Shoonch”: high-quality water and freshness in every drop

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The production of the Armenian water brand "Shoonch" began about two years ago. In developing the brand name and bottle design, the founders of Shoonch studied global market trends, creating a product that is poised to establish its presence in the international market.

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