
YEREVAN, December 23, /ARKA/. Armenian power generating facilities produced this year 5.680 billion KWH electricity, by 7% less than in 2008, energy and mineral resources minister Armen Movsisyan said today.
Speaking at a news conference he said the entire generated electricity was sold. He explained the decline by the fact that mining, cement and chemical enterprises, major power consumers, had to halt their operations at the beginning of the year.
According to the minister, hydropower pants accounted this year for 2 billion KWh electricity. He said power generated by small hydropower plants rose to 335 million KWH from 259 million KWh last year.
Thermal power plants produced 1.1 billion KWH electricity, down from 1.,8 billion last year. M.M. -0
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| 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 |