Tue, 1 July
18.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Foreign investments in real economy, attracted by private companies in 2014 grew by 1.34 percent to 60.1 billion drams

YEREVAN, May 29. / ARKA /. Foreign investments in Armenia’s real economy, attracted by private companies in 2014, amounted to about 60.1 billion drams, a 1.34% rise form the previous year, according to the latest numbers, released today by the National Statistical Service (NSS).

The NSS said foreign direct investment (FDI) in the Armenian economy in the first quarter of 2015 amounted to approximately 35.2 billion drams, down from 69.6 billion drams in the same period in 2014.

The bulk of foreign investments in the real economy – about 13.3 billion drams (a decline of 72% year-on-year), came from Russia. Foreign direct investments from Russia in the Armenian economy amounted to 16.8 billion drams.

The second largest foreign investor in the first quarter of 2015 was the Netherlands with 10.1 billion drams and the third largest was the United Arab Emirates – 8.3 billion drams. ($ 1 479.3 drams). -0-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

LATEST NEWS

spot_imgspot_imgspot_img