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Daily Archives: Nov 18, 2013

Cost of USD drops by 0.53 percentage points to 404.80 Armenian drams

The cost of US Dollar at Armenia’s forex market dropped today by 0.53 percentage points from November 15 to 404.80 drams, the Central Bank said

Armenian commemorative coin named winner of Vicenza Numismatica contest

An Armenian commemorative coin released last year to mark the 500 years of Armenian printing has been recognized the winner in the Best Coin of the World nomination at the 10th International Vicenza Numismatica contest, held in the Italian city of Vicenza, the Central Bank of Armenia told ARKA

Armenian government adamant to enforce funded pension system from 2014 January – head of staff

The head of the Armenian government staff, Vache Gabrielyan, said today the authorities are not going to postpone the introduction of mandatory funded pension system from next year, despite the mounting popular opposition

World’s regional director for South Caucasus, Henry Kerali arrives in Armenia

Henry Kerali, the World Bank's Regional Director for the South Caucasus, has arrived in Armenia following the WB’s approval of a new Country Partnership Strategy for Armenia (CPS) for 2014-2017

Armenia’s Central Bank’s total assets increase by 26.3 % to about 1. 458.4 trillion drams

Armenia’s Central Bank said its total assets increased by 303.9 billion drams or 26.3 % from the beginning of the year amounting to about 1. 458.4 trillion drams as of September 30. According to the regulator’s balance sheet, its total assets grew by 31.4 percent in one quarter

Total of $14.4 million traded at NASDAQ OMX Armenia last week

A total of $14.4 million were traded at NASDAQ OMX Armenia stock exchange from November 11-15, against $13.8mln in the previous week, the Central Bank of Armenia told ARKA

Armenia’s gross international reserves rose by 51% to $2,430.5mln in Q3

Armenia’s gross international reserves totaled $2,430.5 million as of the end of the third quarter 2013, an increase of 51% compared to the beginning of the quarter

Armenia’s Commercial Banks purchase over $90.3mln at intra-banking forex market last week

Armenian commercial banks purchased more than $90.3mln at a weighted average rate of 404.78 drams per $1 in intra-banking foreign exchange market on November 11-15