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Daily Archives: May 29, 2012

Gold price rises in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective from May 28 to June 3.

Some $33.2 million traded as NASDAQ OMX ARMENIA last week

The total amount of purchase/sale transactions in USD at NASDAQ OMX Armenia

The number and amount of transactions by Armenian Card system grows 10-15% annually

Exclusive interview with Ishkhan Mkhitaryan, the executive director of Armenian Card payment system.

Dollar’s exchange rate to normalize in Armenia in June- Expert

U.S. dollar will report normal exchange rate in Armenia in June, thinks the Chairman of Financial-Accounting Department of the Faculty of Economics at Yerevan State University Hayk Mnatsakanyan

U.S. dollar in Armenia to cost 407-412 drams this week

Last week the cost of USD at NASDAQ OMX Armenia stock exchange grew by 1.93% to 407.22 drams as overall weekly trading amounted to $33.16 million

Armenia’s commercial banks purchased over $74.2 mln last week

Armenian commercial banks obtained nearly $74.2 million at weighted average rate 400.9 drams per $1 within May 21-25 in intra-banking market

Metal market: Uncertainty around Greece continues pressuring prices for precious metals

Gold prices saw upturn last week due to stabilization of sentiments at commodity assets market. The relative stabilization in sentiments was touched off by the G8 summit held last weekend