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Issue of “Nairit” is still up in the air

Today at the government sitting Prime Minister Hovik Abrahamyan asked the Minister of Energy and Natural Resources Yervand Zakharyan and the President of the Central Bank Arthur Javadyan to give clarifications on the condition of “Nairit” issue and its possible solutions.

Consciousness of the RA influential people must be changed: Acemoglu

Migration is a serious danger for Armenia, especially the migration of the youth: world famous economist Daron Acemoglu told “Voice of America”. He was born in Turkey, in an Armenian family, studied in Great Britain, and is a lecturer at one of the most prestigious universities of the USA.

One dollar traded at AMD 473

Deals amounting to $2,000,000 at an average price of AMD 472.91/USD 1 were concluded at NASDAQ OMX Armenia on April 1.

Economist: Depreciation of Russian ruble would affect Armenia's economy anyway

Three months is not enough to solve all problems, economist Aza Mihranyan said speaking about Armenia’s accession to the Eurasian Economic Union.

Dram fluctuates

Deals amounting to $ 2,300,000 at an average price of AMD 471.95/USD 1 were concluded at NASDAQ OMX Armenia on March 31. The closing price was AMD 472.25 /USD 1, reports the press service of the stock exchange.

Tashir Group doesn’t comment on the news about buying the ENA

Electric Networks of Armenia company rejected the news that starting from tomorrow- April 1, the company will be directed by the Head of Tashir Group Samvel Karapetyan, who lives in Russia.

“Nairit” employees start sit-in strike

“Nairit” plant employees have decided to hold a sit-in strike starting from today in front of the Presidential residence. They are demanding a meeting with Serzh Sargsyan. During these months’ fight they have understood that only Serzh Sargsyan and Hovik Abrahamyan can solve their problem.

The World Bank approves a US$52 million loan for the Electricity Transmission Network Improvement Project

The World Bank Board of Executive Directors today approved a US$52 million loan for the Electricity Transmission Network Improvement Project (ETNIP) for Armenia.

Today at stock market

Deals amounting to $1,550,000 at an average price of AMD 471.7/USD 1 were concluded at NASDAQ OMX Armenia on March 30. The closing price was AMD 471.75/USD 1, reports the press service of the stock exchange.

Farmers stage protest outside Ministry against customs clearance procedure

Before the meeting, the farmers said they do not need such a minister and the Ministry of Agriculture should be disbanded.

One dollar is traded at AMD 471.25

The closing price was AMD 471.25 /USD 1, reports the press service of the stock exchange.

“Nairit” employees present 9-point indent to the authorities

Currently hundreds of “Nairit” employees have gathered near the Government building. They are presenting a 9-point indent to the Government.

Armenian dram strengthens against US dollar

.The closing price was AMD 471.5/USD 1

Businessman: Force majeure situation in economy

“The euro has depreciated by 40% in Europe and the Russian rubble by 100%, making our productions non-competitive in foreign markets,” he said.

At stock market

Deals amounting to $4,400,000 at an average price of AMD 473.37/USD 1 were concluded at NASDAQ OMX Armenia on March 24.

NA lawmakers meet “Nairit” employees

Today near the NA a number of lawmakers have met with “Nairit” employees. The representatives from the NA “Heritage”, Dashnaktsutyun, BHK and HAK factions noted that two issues must be separated- reactivation of “Nairit” plant and repayment of salaries.

Having a single currency isn’t an issue of one day

The single economic currency is an issue of future for the EEU member countries. The Central Bank of Armenia rejects such changes in the near future.

One dollar traded at AMD 475

The closing price was AMD 475/USD 1.

Economist: Russia is based on political and economic aspirations of Putin

The economist says Armenia cannot exit from the single currency; the country has no other option.

One dollar traded at AMD 477.74

Deals amounting to $1,300,000 at an average price of AMD 477.9/USD 1 were concluded at NASDAQ OMX Armenia on March 20.

Dram appreciates slightly

Deals amounting to $1,750,000 at an average price of AMD 478.97/USD 1 were concluded at NASDAQ OMX Armenia on March 19. The closing price was AMD 478.75/USD 1, reports the press service of the stock exchange.

“Nairit” employees are near Government building

“Nairit” plant employees have again gathered in front of the Government building. They are demanding a response for their 18-24 months’ unpaid salaries.

Armenia's external debt expected to exceed $ 5 billion in a few years

Economists in Armenia say that the country’s decision to issue Eurobonds will increase the country’s foreign debt which is estimated to exceed $ 5 billion in a few years. Armenia's external debt now is over $4 billion.

Dram continues to appreciate

Deals amounting to $3,130,000 at an average price of AMD 479.34/USD 1 were concluded at NASDAQ OMX Armenia on March 17. The closing price was AMD 479.2/USD 1, reports the press service of the stock exchange.

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