NASDAQ OMX Armenia reports no USD and euro transactions over past 3 days

YEREVAN, November 2. /ARKA/. No USD and euro transactions were processed on NASDAQ OMX Armenia stock exchange from 31 October to 2 November.

The last transaction in foreign currency was reported on October 30 at an average weighted rate of 405.38 drams per $1.

As of 2 November, average weighted exchange rates are $1 – 405.96 drams and €1 – 522.67 drams. —0–

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EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

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Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

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Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

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