Mon, 7 July
19.1 C
Yerevan
USD: 384.26 RUB: 4.88 EUR: 452.58 GEL: 141.37 GBP: 524.44

Russian stock and ruble continue dropping

YEREVAN, August 7. /ARKA/. Russian stock exchange indices and the ruble continued dropping in the beginning of the trading day on Thursday, Prime reported.

MMVB index has declined by 0.3% to 1,330.62 points, RTS has dropped by 0.41% to 1,156.07 points.

‘Mechela’ stocks are again the leader in the decline – it decreased by about 10% yesterday and has already dropped by 3.5% today, almost reaching their minimum for March. Today Vedomosti reported the owner of ‘Mechela’ Igor Ziuzin failed to agree with creditors. According to the newspaper, banks are going to sue the company and declare it bankrupt, despite the ‘political decision’ not to make the coal company go bankrupt.

Russian ruble dropped by 6 kopeikas versus dollar (to 36.24 rubles per $1) and by 2 kopeikas against euro (to 48.48 rubles per euro). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Time of the Brave: head of investment banking at Dimension Investments on the prospects of Armenia’s capital market development (Exclusive)

Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks  in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.

LATEST NEWS

spot_imgspot_imgspot_img