

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-
President of Armenia congratulated students and teachers on Day of Knowledge
Sabotage of High School System in Armenia Useless - Minister Of Education
Mayor: Yerevan Schools Ready for Next School Year
Mechanisms of internal and external assessment will be introduced in the schools of Armenia
Scientific project candle in Armenia is becoming real
Seven private higher education institutions in Armenia stripped of their licenses
About 20 armenian saturday schools operate in Belgium
The Number of Places Increased for Students from Karabakh in Armenian Higher Education Institutions
Premier: Armenian universities will gradually enlarge
Prime Minister of Armenia discussed problems of education with youth activists
Authors of “Dilijan International School” considering room to suspend project implementation
Minister: Research universities to act in Armenia since 2011
Half of Armenian Schools Need Renovation or Reconstruction
Group of International Experts of The Projct “Candle” will Visit Armenia on June 29-30

| 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 | ||
| Legal entities in AMD | 2010-06 | 13.8 |
| 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 | ||
| Legal entities in AMD | 2010-06 | 8.4 |
| Legal entities in USD | 2010-06 | 7.2 |
| Individuals in AMD | 2010-06 | 9.8 |
| Individuals in USD | 2010-06 | 5.4 |
| Annual profitability | ||
| state stock of CBA, % | 2008-08 | 8 |
| fiscal stock of Armenia, % | 2010-06 | 9.6 |
| The percents of the CBA | ||
|---|---|---|
| Indicator | Term | Figures |
| Banking rate | 2010-07 | 13 |
| Repo | 2010-07 | 7.25 |
| Credit | 2010-07 | 10.25 |
| Depo | 2010-07 | 4.25 |