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Tag: foreign trade

Armenia’s foreign trade deficit narrowed by $47.4 million to $228 million in 3rd Q 2016

Economy admin -
Armenia’s foreign trade deficit has narrowed by $47.4 million over the third quarter of this year to $228 million as a result of the progressive increase of export indicator

Current account balance deficit at Armenia’s foreign trade to be narrow and controllable in 2016

Economy admin -
The current account balance deficit at Armenia's foreign trade will be low and controllable in 2016, Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, said Tuesday

Decline in Armenia’s foreign trade resulting from weakening demand from Russia and EU

Economy admin -
The decline in Armenia’s foreign trade is resulting largely from the weakening demand from Russia and the EU, the World Bank said in its monthly review of Armenian economy

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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