

YEREVAN, December 3, /ARKA/. First deputy chief of South Caucasus Railways Marat Khakov traveled today to Masis station for a meeting with Ararat province governor Vardkes Hovakimian.
The press service of the South Caucasus Railway said the governor was shown what the company ahs done to improve the sate of the railroads in the province, including installment of automated traffic control system, replacement of outdated cables by new fiber-optical ones and so on.
The press service said Marat Khakov and Vardkes Hovakimian discussed also a wide range of issues, including the question of safety on level crossings. Marat Khakov said the company is ready to ensure their security.
The two men visited also Yeraskh train station. The governor was quoted as saying that he was pleased with the quality of restoration of the railway infrastructure of the province and its modernization highlighting the role it plays in this region.
In 2007 the Armenian government called tenders for a 30-year concession to modernize and operate Armenian Railways. The Russian Railways was the only bidder and has set up South Caucasian Railway as a subsidiary to run the Armenian Railway. The concession agreement was concluded for 30 years, with a right of extension for another 20 years after the first 20 years of operation.-0-
Passenger traffic in Armenia grows 3.9% in Jan-July 2010
Traffic police: things improved on Armenian roads
Armenian citizens are unable to import used cars for preferential regime
Russia and Armenia will establish close cooperation in transport sphere
In Yerevan transport traffic can be restricted due to Russian president’s visit
SCR registered stable growth of indicators within seven months of 2010
The time between Yerevan- Gyumri reduced by 40 minutes by train
83 Thousand Passengers Used The Services of SCR in July
Construction Process of Transport Corridor North-South Discussed With Armenian Prime Minister
Armenian Railwaymen mark their professional holiday
Armenia’s international Zvartnost airport handles 647,000 passengers in first six months of 2010
SCR Begins Reorganization of Motor Learning Cent
South Caucasus Railways to Install Electronic Ticket Selling System

| 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 |