Lasting resolution to Karabakh conflict by force is impossible, US ambassador says Prime minister Hovik Abrahamyan asks to accelerate major repair of Arpa-Sevan tunnel Private car importers ask government to eliminate value added tax for import of cars from Russia Armenia not able to build railway link to Iran alone

11/02 Lasting resolution to Karabakh conflict by force is impossible, US ambassador says

A lasting resolution to the Nagorno-Karabakh conflict by force is impossible, US ambassador to Armenia, Richard Mills said today during an online news conference.

11/02 Prime minister Hovik Abrahamyan asks to accelerate major repair of Arpa-Sevan tunnel

Armenian prime minister Hovik Abrahamyan told a Cabinet session today to accelerate the major repair of the 48.3 kilometer long Arpa-Sevan tunnel that takes the water of Arpa River to Armenia’s...

11/02 Private car importers ask government to eliminate value added tax for import of cars from Russia

Private importers of cars have called on the Armenian government today to step in and eliminate the value added tax they have to pay when bringing cars from the Russian Federation.

11/02 Armenia not able to build railway link to Iran alone

Armenia is not able to alone build a railway link to Iran, an Armenian expert in Iranian affairs,  Gohar Iskandaryan, said to a news conference today. According to her, the government...

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Multimedia

The 22nd anniversary of the Armenian dram Representatives of Rosgosstrakh Armenia visit Gyumri for a children's charity action

23.04.2013Armenia commemorates the victims of the Armenian Genocide 1915

31.01.2013Союз банков Армении подвел итоги деятельности банковской системы за 2012 год

18.12.2012Ален Делон растрогал журналистов откровенным рассказом о своей матери

11.12.2012ЕАБР и ЗАО «Банк ВТБ (Армения)» подписали договор о кредитовании МСБ на $15 млн.

23.11.2012Банк ВТБ (Армения) - итоги за девять месяцев текущего года

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Market exch. ratesFavorable еxch. rates of banksPrecious metals
CurrencyChanges
USD/AMD494.630.93
EUR/AMD552.90.2
RUR/AMD24.580.12
USD/AMDEUR/AMD RUR/AMD
MacroeconomicsFinancial market
IndicatorFigures
Inflation (%)5%
Economic activity (%)4,2%
GDP (%)1 113,7
Budget def. (surp.)(bln)52
Refinancing rate (%)10,25%
Bank interest rate (%)
Money supply (AMD, bln)1 764,2
Money base (AMD, bln)883,3
Exports (USD, mln)847
Imports (USD, mln)1 810,2

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ARKA-Telecom

ArmenTel and Child Development Foundation launch two Armenian-language mobile gaming applications

11/02 ArmenTel and Child Development Foundation launch two Armenian-language mobile gaming applications

ArmenTel telecom (trading as Beeline) and the Child Development Foundation (CDF) have announced today the launch of two Armenian-language mobile gaming applications, designed to boost the intellectual development of school students and help children with disabilities.

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