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

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img