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Tag: World

Armenian commemorative coins are popular both in Armenia and beyond it, central bank

Banks admin -
YEREVAN, January 12. /ARKA/. Armenian commemorative coins are in great demand both in Armenia and beyond it, the Central...

Dollar gains as Syria worries trigger safety bid: CNBC

Exchange market admin -
The U.S. dollar rallied across the board on Wednesday as investors sought the greenback's safety given the possibility of Western military action in Syria

Nordea experts forecast world economy growth by 3.5% in 2013

Economy admin -
YEREVAN, February 8. /ARKA/. World economy will increase to 3.5% in 2013, and to 4% in 2014, Steen Grøndahl,...

Gold prices slightly up as Euro zone may finance Cyprus’ economy

Economy admin -
Gold prices rose by the end of trades on Wednesday as the euro zone said it may approve financial aid for Cyprus in general and not only for the banks of the country

Moody’s cuts ratings of 15 banks

Banks admin -
Ratings agency Moody's downgraded 15 of the world's biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets

Gold goes up as dollar falls

Economy admin -
Gold price went up by the end of trading on Friday due to investors’ increased

Armenia’s economic structure must be changed

Economy admin -
World Bank Managing Director Ngozi Okonjo-Iweala said Armenia’s economic structure must be changed.

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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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