

YEREVAN, July 6. /ARKA/. Armenia and Belarus share the same views on international issues, Ambassador of Belarus to Armenia Stepan Sukhorenko told ARKA.
Armenia and Belarus support each other in the international arena, the ambassador was quoted as saying at an official reception in the Embassy of Belarus in Armenia on the occasion of the 65th anniversary of destroying Minsk’s ghetto during World War Two.
He pointed out dynamically developing relations between the two nations. Ambassador Sukhorenko hailed effective intergovernmental cooperation between Armenia and Belarus.
He said Armenia and Belarus are trade partners, not rivals. Emphasizing specifics of Armenian market, the ambassador ruled out implementation of large-scale programs. He said Belarus is a major machinery and mining equipment supplier for Armenia.
The ambassador stressed the need for exports of Armenian ecologically safe products to Belarus after the Chernobyl tragedy.
Ambassador Sukhorenko emphasized the role of cultural cooperation between Armenia and Belarus. Armenia was supposed to hold Belarussian Cultural Days this summer, but the event has been postponed to Q1 2010 due to the crisis. “The program will be implemented by all means,” the ambassador concluded. Z. Sh.—0--
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| Market exchange rates 08/02/2010 | ||||
|---|---|---|---|---|
| Currency | Symbol | Unit | Rate | Changes |
| USA Dollar | USD | 1 | 378.25 | 0.13 |
| Euro | EUR | 1 | 518.16 | 1.27 |
| Russian Rоublе | RUR | 1 | 12.41 | 0.01 |
| Favorable еxchange rates of banks 09/02/2010 | ||
|---|---|---|
| Currency | Buy | Sell |
| USD | 378 "VTB Bank (Armenia)" Unibank “ArmSwissBank” |
379.5 Cascade Bank |
| Euro | 516 “ArmSwissBank” |
522 ACBA-CREDIT AGRICOLE BANK Ameriabank Araratbank BTA Bank Mellat Bank Prometey Bank |
| RUR | 12.25 BTA Bank Prometey Bank “ArmSwissBank” |
12.45 Ameriabank Armeconombank ProCreditBank |
| Macroeconomics | ||
|---|---|---|
| Indicator | Term | Figures |
| economic growth,% | 2009-11 | 84 |
| GBP, billion AMD | 2009-11 | 2786.7 |
| inflation, % | 2009-12 | 106.5 |
| Budget deficit (proficit), bln AMD | 2009-11 | 114.9 |
| trade deficit, mln USD | 2009-11 | -2322.8 |
| foreign trade turnover, mln USD | 2009-11 | 3570.9 |
| foreign trade turnover, % | 2009-11 | 71.5 |
| Gross External Reserves, mln. USD | 2009-11 | 2115.89 |
| Monetary base, billion AMD | 2009-11 | 464.5 |
| Money supply, billion AMD | 2009-11 | 775.6 |
| Financial market | ||
|---|---|---|
| Indicator | Term | Figures |
| Anual interests on loans | ||
| Legal entities in AMD | 2009-12 | 14.8 |
| Legal entities in USD | 2009-12 | 12.5 |
| Individuals in AMD | 2009-12 | 21.5 |
| Individuals in USD | 2009-12 | 17.9 |
| Anual interests on deposits | ||
| Legal entities in AMD | 2009-12 | 7.5 |
| Legal entities in USD | 2009-12 | 6.9 |
| Individuals in AMD | 2009-12 | 9.1 |
| Individuals in USD | 2009-12 | 5.5 |
| Annual profitability | ||
| state stock of CBA, % | 2008-08 | 8 |
| fiscal stock of Armenia, % | 2009-12 | 8.9 |
| The percents of the CBA | ||
|---|---|---|
| Indicator | Term | Figures |
| Banking rate | 2010-01 | 13 |
| Repo | 2010-01 | 5.5 |
| Credit | 2010-01 | 8.5 |
| Depo | 2010-01 | 2.5 |