Science & Education

South-Caucasian railways to cooperate with state engineering university of Armenia

YEREVAN, September 15. /АРКА/. South-Caucasian Railways has signed a cooperation agreement with State Engineering University of Armenia, the press office of the company reported on Friday.

The aim of the cooperation is to train engineers and economists for the company.

The first experience came this summer, when the university students passed internship in Yerevan-Batumi-Yerevan trains.

At his meeting with Vostanik Marukhyan, rector of the engineering university, Shevket Shaydullin, general director of South-Caucasian Railways, expressed gratitude to students Vahan Arshakan and Tigran Yengoyan for active participation in the company’s work.

The South-Caucasian Railway CJSC is concession manager of the Armenian Railway Company. South-Caucasian Railway, fully owned by the Russian Railways Company, listed in its fixed assets the rolling stock of the Armenian Railways on June 1, 2008, under a concession contract of February 13, 2008. M.V.--0-

15/09/2009 21:35


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Market USD exchange rates
Market EUR exchange rates
Market exchange rates 15/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 394.48 1.86
Euro EUR 1 540.91 0.9
Russian Rоublе RUR 1 13.44 0.04

Favorable еxchange rates of banks 15/03/2010
Currency Buy Sell
USD 394
ArmBusinessBank
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Ameriabank
Ardshininvestbank
Areximbank-Gazprombank Group
“ArmSwissBank”
Euro 540
“ArmSwissBank”
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Ameriabank
RUR 13.35
BTA Bank
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ACBA-CREDIT AGRICOLE BANK
Ameriabank

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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