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Daily Archives: Jul 25, 2014

Market value of USD drops by 0.04 percentage point to 406.52 drams

The average market value of USD against Armenia’s national currency has dropped today by 0.04 percentage point from July 24 to 406.52 drams, the central bank reported

Russian central bank raises key rate unexpectedly

The Board of Directors of Bank of Russia raised the key rate unexpectedly on Friday by 50 basis points to 8 percent. The bank was widely expected to leave rates unchanged, according to Russian media reports

Armenia-based commercial banks among 1000 largest corporate taxpayers in first half of this year

All 21 Armenia-based commercial banks were among the 1000 largest corporate taxpayers in the first half of this year, the State Revenue Committee (SRC) said today

Armenian commercial banks’ loan portfolio grows 4.8% to AMD 1.88 trillion by late June

The aggregate loan portfolio of Armenia’s commercial banks has been grown 4.8% since the beginning of this year reaching about AMD 1884.2 billion by late June