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APR stock exchanges open at increase amid bigger yen

YEREVAN, July 11./ARKA/. Key stock markets of Asia-Pacific Region (APR) opened at rising on 11 July amid jump of the yen and statements by the U.S. Federal Reserve chairman, Russia’s RIA Novosti reported.

Japanese Nikkei 225 lost 0.91% hitting 14284.81 points. Korean KOSPI rose by 1.60% to 1853.29 points. Australian S&P/ASX 200 added 0.84% totaling in 4942.60 points.

In his statement, Mr. Ben Bernanke once again confirmed the USA need to lead a cheap money policy as the labor market is still weak, and the inflation rate across the country remains low.
This statement pushed the USD to fall against the other currencies.—0-

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“Bear market’: sale of crypto-assets or the right time to buy

According to many news reports, cryptocurrencies are experiencing now a "troubled" time and might not survive in this massive bear market

Russian president gives Yerevan-based Balchug Capital permission to buy Gazprom, Inter RAO, and LUKOIL shares from Goldman Sachs

Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Euro exchange rate sharply up 1.9 points to AMD 445.1

The average market exchange rate of the U.S. dollar to the Armenian dram on April 14, 2025, decreased by 0.15 points to AMD 390.92 compared to April 11.

Protest against bank loan fraud in Yerevan

A protest related to cases of fraud in banks and credit organizations in Armenia took place in Yerevan on Monday.

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