Tue, 29 April
16.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Treasuries, gold rally as dollar drops after jobs data: Bloomberg

YEREVAN, January 13. /ARKA/. Treasuries rallied with gold and the dollar retreated after slower growth in U.S. payrolls last month eased concern stimulus cuts would accelerate. The Standard & Poor’s 500 Index rose to cap a weekly gain.

The 10-year Treasury yield fell 10 basis points to a three-week low of 2.86 percent at 4 p.m. in New York. The S&P 500 rose 0.2 percent, erasing a loss of 0.3 percent. The dollar weakened against all but one of its 16 major counterparts. The MSCI Emerging Markets Index added 0.8 percent. Gold gained the most in a week, copper rallied and oil jumped from an eight-month low after China’s imports grew. Corn rebounded from a 40-month low in Chicago after a government report. –0–

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

LATEST NEWS

spot_imgspot_imgspot_img