Politics

Armenian ministry of foreign affairs hopes that Armenian-Turkish protocols will be ratified

YEREVAN, January 22. /ARKA/. Edward Nalbandyan, Armenian Minister of Foreign Affairs hopes that Armenian-Turkish protocols will be ratified. “As for ratification of protocols in Armenian National Assembly, it is in the frames of Parliament’s competence”, said Nalbandyan.

Armenian-Turkish border was closed since 1993 by the official initiative of Ankara. Complicated relations between two countries were due to the fact that Ankara supported Azerbaijan in Karabakh problem and also an acute reaction of Turkey on the process of international recognition of Armenian Genocide of 1915 in Ottoman Empire.

Ministers of Foreign Affairs of Armenia and Turkey Edward Nalbandyan and Ahmed Davutoghlu signed “Protocol on establishment of diplomatic relations” and “Protocol on development of mutual relations» on October 10, Saturday, in Zurich. Then these documents should be approved by the parliaments of both countries. G.K.—0--

22/01/2010 20:30


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Market USD exchange rates
Market EUR exchange rates
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



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