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



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 02/09/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 365.03 1.29
Euro EUR 1 468.19 3.8
Russian Rоublе RUR 1 11.90 0.08

Favorable еxchange rates of banks 03/09/2010
Currency Buy Sell
USD 366
ProCreditBank
367.5
“ArmSwissBank”
Euro 467
Byblos Bank Armenia
ProCreditBank
472
ArmBusinessBank
Armenian Development Bank
RUR 11.85
"VTB Bank (Armenia)"
BTA Bank
12
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2010-06 106.7
GBP, billion AMD 2010-06 1332
inflation, % 2010-07 103.7
Budget deficit (proficit), bln AMD 2010-06 16.9
trade deficit, mln USD 2010-06 -1281.2
foreign trade turnover, mln USD 2010-06 2116.8
foreign trade turnover, % 2010-06 129.8
Gross External Reserves, mln. USD 2010-06 1780
Monetary base, billion AMD 2010-06 434.5
Money supply, billion AMD 2010-06 786.6

Financial market
Indicator Term Figures
Anual interests on loans
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Legal entities in USD 2010-06 12.6
Individuals in AMD 2010-06 22.6
Individuals in USD 2010-06 19.2
Anual interests on deposits
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Legal entities in USD 2010-06 7.2
Individuals in AMD 2010-06 9.8
Individuals in USD 2010-06 5.4
Annual profitability
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fiscal stock of Armenia, % 2010-06 9.6

The percents of the CBA
Indicator Term Figures
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Repo 2010-07 7.25
Credit 2010-07 10.25
Depo 2010-07 4.25



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