Total state debt of Armenia as of June 30 was 1455.4 billion drams increased by 5.5%

YEREVAN, August 31. /ARKA/. Total state debt of Armenia as of June 30 was about 1455.4 billion drams.

Armenian National Statistic Service of Armenia (NSS) informed “ARKA” that by preliminary data of the Finance Ministry of Armenia internal debt was about 185.6 billion drams and external debt – 1269.8 billion drams or $3442.6 million.

Analysis of the dynamics of state debt of Armenia showed that in the reporting period the size of state debt in dram equivalent increased by 5.5% (or by 76.2 billion drams) compared to the index as of December 31, 2010. ($1 – 367.93 drams). -0-

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Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

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Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

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Moody’s changes the outlook on IDBank’s ratings to positive

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