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Daily Archives: Jul 1, 2011

Finance ministry: Ratio of Armenia’s total debt to GDP to reach its peak in 2011

Ratio of Armenia’s total debt to GDP is projected to be 41.3% in 2011, and in the coming years this indicator will be lowering, the press office of Armenia’s finance ministry reported on Friday.

Anelik bank’s outstanding credit portfolio increases by 5.8 billion drams or 20% over five months

The outstanding credit portfolio of Anelik bank has increased by 5.8 billion drams or 20% over the first five months of this year reaching 35.3 billion drams, the bank told ARKA. It said the portfolio saw almost a billion drams growth in April and May.

Armenian Central Bank to place state (treasury) coupon bonds in the amount of 3.5 billion drams in July

Armenian Central Bank to place state (treasury) coupon bonds in the amount of 3.5 billion drams in July.

Armenian dram depreciated against us dollar by 0.2%

In June, in currency market of Armenia increase of settlement rate of AMD against US dollar by 0.2% and 1.4% decline in the consumer market was registered.

Volume of money supply in May increased by 2.7% to 948.6 billion drams in Armenia

Volume of money supply by the end of May 2011 increased by 25.2 billion drams or 2.7% compared with April 2011 making about 948.6 billion drams.