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Daily Archives: Aug 14, 2012

Armenia: Forex market review for August 6-10

Last week the U.S. dollar’s average weighted exchange rate at NASDAQ OMX Armenia stock exchange rose by 0.22 % to 411.92 drams with weekly trading amounting to USD 12.20 million, 96. 77% higher from a week earlier

Metals market: Gold and Copper prices surge amid new stimulation expectations

Last Monday gold prices went up amid the positive expectations that the ECB may launch additional measures for European economy aid. Indeed, ECB Governing Council member Ardo Hansson’s comments about the “significant” volume of bond-buy

Credit investments and receivables of Armenia’s credit organizations jump 15.5% to AMD 147.4 bln

Credit investments and accounts receivables of Armenia’s credit organizations rose by 16.5 % to total of 147.4 billion drams as of June 31, according to the 2 Q review compiled by the Central Bank of Armenia