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Monthly Archives: March, 2014

Average market exchange rate of U.S. dollar against Armenian dram rose by 0.41 percentage point to 413.31 drams

The average market exchange rate of U.S. dollar against the Armenian dram rose by 0.41 percentage point today from March 28 to 413.31 drams, the Central Bank said

Central Bank bought a total of $1 million from march 24 to march 30 at NASDAQ OMX Armenia stock exchange

Armenia’s Central Bank said it had bought a total of $1 million from March 24 to March 30 at NASDAQ OMX Armenia stock exchange paying 412.03 drams for one USD

Nearly $19.2 mln traded at NASDAQ OMX Armenia stock exchange last week

The Central Bank of Armenia said nearly $19.2 million was traded at NASDAQ OMX Armenia stock exchange from March 24 to 28. It stood at $22 million from March 17 to 21, according to the report

Areximbank-Gazprombank Group spent over 107 million drams in 2013 on various benefits to its personnel

Last year Areximbank-Gazprombank Group spent over 107 million drams on various benefits and allowances to its personnel, which was by 27 percent more than in 2012

Last week Armenian banks bought $90.5 million

Last week Armenia-based banks bought approximately $90.5 million at the local foreign currency market at the average exchange rate of 412.57 drams for one USD, the Central Bank said

Pension fund bankruptcy risks brought down to zero in Armenia – Central Bank

Pension fund bankruptcy risks are minimized to zero, deputy head of the Central Bank of Armenia Nerses Yeritsyan said at a Constitution Court hearing on the funded pension scheme payments Monday

Market cost of USD against Armenian dram rises by 0.83 percentage points to 412.90 drams

The market cost of USD against Armenian dram has risen today by 0.83 percentage points from March 27 to 412.90 drams, the Central Bank said. It said also the market cost of one euro fell from 566.72 drams to 566.50 drams and the cost of a Russian ruble fell from 11.58 drams to 11.54 drams

Armenia’s gross international reserves rose by 25.1% to $2,251.6mln

Armenia’s gross international reserves hiked by 25.1% to $2,251.6 million as of the end of 2013, the Central Bank of Armenia reported today

ACBA-CREDIT AGRICOLE BANK’s capital to be substantially increased – Musca

The capital of ACBA-CREDIT AGRICOLE BANK will be substantially increased, deputy general director of French Credit Agricole bank Xavier Musca said Thursday at his meeting with Armenia’ premier Tigran Sargsyan

Average market exchange rate of US dollar falls by 0.28 points to 412.07 drams

The average market exchange rate of a US Dollar against the Armenian dram fell today by 0.28 points from March 26 to 412.07 drams, the Central Bank said. It said the euro traded at 566.72 drams

Russian economic report 31: confidence crisis exposes economic weakness

Russia’s economy is navigating an economic downturn with real GDP growth slowing to an estimated 1.3 percent in 2013 from 3.4 percent of 2012

Transition to Basel III to be smooth for Armenian banks

Exclusive interview of the Head of Financial System Regulation Department at the Central Bank of Armenia Mher Abrahamyan to...