Economy

Armenian industrial sales drop by 10 % last year to 667.2 billion

YEREVAN, February 2, /ARKA/. Armenian industrial sales dropped by 10 % last year to 667.2 billion Drams , the National Statistical service reported. Some 46.3 billion drams worth industrial goods were sold to former Soviet republics and 141.3 billion drams goods to other countries.

According to the official figures Armenian industrial output last year contracted by 7.8% form a year before to fall to 663.9 billion Drams.

Mining industry output grew by 7.6% from 2008 to 92.9 billion Drams, processing industry posted a 9% drop falling to 439.7 billion Drams, the chemical output fell by 34.1% to 11.6 billion Drams, production and distribution of power, gas and water fell by 13.3% to 131.4 billion Drams. ($1 – 376,03 драма). --0—

02/02/2010 17:50



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



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