Sun, 2 February
-4.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenian PM instructs to reveal inner resources to face new financial crisis wave

YEREVAN, October 25. /ARKA/. Armenia’s Prime Minister Tigran Sargsyan emphasized the necessity of revealing inner resources to face new wave of the financial and economic crisis.
The research showed the global economy will face new challenges in 2013-2014, he said at the Cabinet meeting on Thursday.

“If up to now we were witnessing economic crisis and deterioration of the principal economic indicators in the developed countries, it becomes obvious now, that the new crisis will expand over the states with developing economies as well, and the crisis situation will continue  in 2013 as well. That is why it is very important to reveal the inner resources, and the new program of the government is based on this principle. —0–

spot_img

POPULAR

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

LATEST NEWS

spot_imgspot_imgspot_img