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Daily Archives: Aug 15, 2013

Average exchange rate of USD at NASDAQ OMX Armenia stock exchange drops to 406. 30 drams

Capital market
The average weighted exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange dropped to 406.30 drams today, August 15

Armenia’s banks invested 182.6 bln in government bonds in Q2

Banks
Armenia’s banks invested nearly 182.6 billion drams in the government bonds as of the end of the second quarter of 2013, 2.5% higher from the beginning of the year, according to the banks’ financial interim report

Asian stocks snap rally as yen strengthens, Gold advances: Bloomberg

Capital market
Asian stocks fell, led by Japanese shares, snapping the longest gain for the regional index in six weeks. The yen strengthened versus 15 of 16 major counterparts, while gold and oil rose

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Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

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