Possible backtracking on its decision to join Eurasian Economic Union would cost Armenia about $3 billion – expert Central bank responds to sharp depreciation of national currency Armenia’s accession to EEU to create small risk of inflation – central bank Sharp depreciation of dram blamed on slow economic recovery

24/11 Possible backtracking on its decision to join Eurasian Economic Union would cost Armenia about $3 billion – expert

A possible backtracking on its decision to join the Russia-led Eurasian Economic Union (EEU) would cost Armenia about $3 billion, according to Armenian expert Ashot Tavadyan.

24/11 Central bank responds to sharp depreciation of national currency

In response to a sharp depreciation of the national currency, the dram, against the USD and euro Armenia’s Central Bank said in a statement today that the exchange rate ‘is in the stabilization...

24/11 Armenia’s accession to EEU to create small risk of inflation – central bank

Armenia's accession to the Eurasian Economic Union (EEU) will generate a small risk of inflation and is likely to push it up by 0.4 percentage points in 2015,  the Central Bank...

24/11 Sharp depreciation of dram blamed on slow economic recovery

The sharp depreciation of Armenia’s national currency, the dram, against USD and euro should be blamed on  the slow pace of economic growth and a number of external factors, according to an...

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Multimedia

ArmProd EXPO 2014 international exhibition opens in Yerevan

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/AMD43516.6
EUR/AMD539.5319.38
RUR/AMD9.70.57
USD/AMDEUR/AMD RUR/AMD
MacroeconomicsFinancial market
IndicatorFigures
Inflation (%)5,8%
Economic activity (%)
GDP (%)4266,8
Budget def. (surp.)(bln)-13,7
Refinancing rate (%)7,5%
Bank interest rate (%)12%
Money supply (AMD, bln)1466,8
Money base (AMD, bln)719,1
Exports (USD, mln)1 480
Imports (USD, mln)4 476,8

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ARKA-Telecom

Armenian-language domain .հայ (.hay) may be launched in six months

22/11 Armenian-language domain .հայ (.hay) may be launched in six months

The Armenian-language domain .հայ (.hay) may be launched in six months, a cyber security expert Samvel Martirosyan writes on his Facebook page. According to him, the zone of the Armenian-language domain was approved and in about six months it will be possible to register Armenian-language domains.

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