
YEREVAN, June 15. /ARKA/. The Incubator Enterprise Foundation (EIF) will represent Armenia at the EurAsEC center for advanced technologies, RA Prime Minister Tigran Sargsyan reported.
During the June 9 meeting in Moscow, the EurAsEc Intergovernmental Council approved a concept of establishing a center for advanced technologies.
“Agreements reached in the field of advanced technologies imply that each member state is to choose its best company to represent the country,” Sargsyan was quoted as saying as he summed up the results of the meeting.
EIF Director Bagrat Yengibaryan has been chosen as Armenia’s representative in the EurAsEc center for advanced technologies.
According to Sargysan, EIF aims at boosting innovation business in Armenia with the financial assistance of the World Bank. “We believe the foundation and its director will present Armenia to the best advantage,” the premier concluded. –0--
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| Market exchange rates 10/03/2010 | ||||
|---|---|---|---|---|
| Currency | Symbol | Unit | Rate | Changes |
| USA Dollar | USD | 1 | 389.94 | 1.02 |
| Euro | EUR | 1 | 529.58 | 0.88 |
| Russian Rоublе | RUR | 1 | 13.12 | 0.04 |
| Favorable еxchange rates of banks 10/03/2010 | ||
|---|---|---|
| Currency | Buy | Sell |
| USD | 389 "VTB Bank (Armenia)" ACBA-CREDIT AGRICOLE BANK Araratbank Armenian Development Bank Artsakhbank Byblos Bank Armenia ProCreditBank Prometey Bank “ArmSwissBank” |
392 ACBA-CREDIT AGRICOLE BANK Ameriabank Araratbank Ardshininvestbank BTA Bank Conversebank HSBC Bank Armenia “ArmSwissBank” |
| Euro | 528 ACBA-CREDIT AGRICOLE BANK Prometey Bank |
534 Ameriabank |
| RUR | 13 ACBA-CREDIT AGRICOLE BANK Artsakhbank |
13.2 ACBA-CREDIT AGRICOLE BANK Ameriabank 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 |