CIS

Regular meeting of initiative working group of payment systems CIS opens in Yerevan

The two-day meeting of the initiative working group of payment systems of the CIS has opened in Yerevan.
30/09/2009 17:28

Armenian premier outlines three likely scenarios of economic developments

Armenian Prime Minister Tigran Sargsyan, speaking Tuesday at an international conference on possible impacts of the global crisis on Armenia, outlined three likely scenarios of economic developments.
07/07/2009 14:41

Armenian “Grant Thornton Amyot” to conduct audit financial statements

Armenian audit and consulting company “Grant Thornton Amyot” will carry out the audit of financial statements of the year 2009 of the National Bank of the Kyrgyz Republic.
23/06/2009 09:35

CIS to start overcoming crisis next year

The markets and economies of the Commonwealth of Independent States (CIS) will start overcoming the crisis next year, but the first positive changes are expected at the end of this year
20/05/2009 21:41

Premier of Armenia to participate in sitting of CIS government heads in Astana

Premier of Armenia Tigran Sargsyan will leave for a working visit to capital of Kazakhstan Astana on May 21-22 to participate in the regular sitting of heads of government of the CIS countries, ARKA was told on Wednesday.
20/05/2009 21:39

Heads of CIS securities market regulatory bodies to meet in Yerevan

The CIS Council of the Heads of government agencies in charge of the securities markets is to open its 9th meeting in Yerevan on May 19.
19/05/2009 20:37

Private non-commercial transfers from Russia to Armenia total $87.8mln in Jan-Feb 2009

Central Bank of Armenia says individuals in Armenia received $87.8 million transferred from Russia in January-February 2009 for non-commercial purposes. Statistical reports say this result was 32% less than that in January-February of previous year ($129
06/04/2009 20:27

Premier: Russian stabilization loan to be spent only on anti-crisis measures

The stabilization loan extended by Russia will be spent exclusively on anti-crisis measures to ensure economic growth in Armenia, the country’s Premier Tigran Sargsyan said.
02/03/2009 15:30

Sverdlov region, Armenia to cooperate in mechanical engineering and atomic energy areas

Armenia and Russia’s Sverdlov region intend to cooperate in mechanical engineering and atomic energy areas.
16/02/2009 20:28

Regular sitting of Armenian, Belarusian intergovernmental commission in Minsk on march 2-4

A regular sitting of Armenian and Belarusian intergovernmental commission will take place in Minsk on March 2-4, the press service of the RA Ministry of Economy reported on Monday.
09/02/2009 20:34

Russian ambassador to Armenia happy about interregional cooperation between two countries

Russian Ambassador to Armenia Nikolay Pavlov is happy about interregional cooperation between the two countries.
05/02/2009 18:41

Russia to extend $500mln stabilization credit to Armenia

Russia will extend a $500mln stabilization credit to Armenia to survive the global economic crisis, RF Minister of Finance Alexey Kudrin stated yesterday.
05/02/2009 13:56

Armenian, Russian premiers to discuss possible way out of crisis

Armenia’s Prime Minister Tigran Sargsyan will pay an official visit to Moscow on December 5 to meet with his Russian colleague Vladimir Putin, RA Deputy Foreign Minister Shavarsh Kocharyan said.
04/12/2008 14:34

Armenian-Georgian trade turnover grows 3.8% in Jan/Oct 2008 to $106.9 million

Armenia’s trade turnover with Georgia grew 3.8% in Jan/Oct 2008 to $106.9 million, National Statistical Service of Armenia reports.
01/12/2008 20:20

Day of Kazakhstan republic celebrated in Armenia

The Day of the Republic of Kazakhstan was celebrated in Armenia on Thursday. At the state reception for the event, Nurbolat Alimbayev, the acting chargé d'affaires of Kazakh Embassy in Armenia, stated the farsighted policy of Kazakhstan’s President Nursul
01/11/2008 12:10


Market USD exchange rates
Market EUR exchange rates
Market exchange rates 11/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 391.41 1.47
Euro EUR 1 534.67 5.09
Russian Rоublе RUR 1 13.29 0.17

Favorable еxchange rates of banks 11/03/2010
Currency Buy Sell
USD 390.5
Armenian Development Bank
 392.5
“ArmSwissBank”
Euro 531
ACBA-CREDIT AGRICOLE BANK
 537
ACBA-CREDIT AGRICOLE BANK
Cascade Bank
“ArmSwissBank”
RUR 13.1
Ardshininvestbank
BTA Bank
 13.25
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



...