Armenian Dram In November Depreciated Against Us Dollar By 1.6%

YEREVAN, December 2. /ARKA/. In the currency market of Armenia in November compared to October, increase of AMD against USD by 1.6% was recorded in 1.2% price increase in the consumer market, evidence the data of Armenian National Statistic Service for November 2011 provided to ARKA News Agency.

In November 2011 compared to December of the last year, increase of consumer prices by 2.1% was accompanied by the increase of calculated rate of 6.2%.

In November, average calculated rate was 382.83 drams per $1 which is by 5.9% more than the existing indicator in November 2010 – 361.4 drams per $1 . ($1 – 381.06 drams). –0–

spot_img

POPULAR

Members of the Board and the CEO of the Universal Health Insurance Fund have been elected in Armenia

Members of the Board of Trustees and the CEO of the Universal Health Insurance Fund have been elected in Armenia, the government press service reported.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

Business registration is now available at Unibank

Business registration is the first step toward starting your own venture.

LATEST NEWS

spot_imgspot_imgspot_img