Politics

Armenia, Belarus share same views on international issues

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--

 

06/07/2009 11:08



Market USD exchange rates
Market EUR exchange rates
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



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