USD
US Dollar
USD
$362.21
362.21
EUR
Euro
EUR
€404.88
404.88
GBP
British Pound Sterling
GBP
£479.20
479.20
RUB
Russian Ruble
RUB
₽.4.30
4.30
GEL
Georgian Lari
GEL
GEL 139.47
139.47
CHF
Swiss Franc
CHF
CHF 434.77
434.77
USD
US Dollar
USD
$362.21
362.21
EUR
Euro
EUR
€404.88
404.88
GBP
British Pound Sterling
GBP
£479.20
479.20
RUB
Russian Ruble
RUB
₽.4.30
4.30
GEL
Georgian Lari
GEL
GEL 139.47
139.47
CHF
Swiss Franc
CHF
CHF 434.77
434.77

Economics June 5, 2020

Economics, money, markets

CB: Revenues in Armenian state budget increased by 16.7%

CB: Revenues in Armenian state budget increased by 16.7%

Central Bank of Armenia cuts refinancing rate last year

Central Bank of Armenia cuts refinancing rate last year

OPEC and its allies led by Russia to hold a meeting on June 6

OPEC and its allies led by Russia to hold a meeting on June 6

CB: Budget performance in 2019 contributed to sustainability of state debt of Armenia

CB: Budget performance in 2019 contributed to sustainability of state debt of Armenia

Debit cards of IDBank can be already ordered also by Idram

Debit cards of IDBank can be already ordered also by Idram

MP: One-week lockdown costs nearly 1.3-1.5% of GDP for country like Armenia

MP: One-week lockdown costs nearly 1.3-1.5% of GDP for country like Armenia

Dollar 'descent' continues in Armenia

Dollar 'descent' continues in Armenia

CB chair: Armenian CB administrative expenses amount to AMD 6.6 billion

CB chair: Armenian CB administrative expenses amount to AMD 6.6 billion

Germany's economy needs 2 years to recoup growth

Germany's economy needs 2 years to recoup growth

Central Bank chief: Armenia authorities ensured provision of AMD 71bn in loans amid coronavirus

Central Bank chief: Armenia authorities ensured provision of AMD 71bn in loans amid coronavirus

Finance minister: Armenia government considers it necessary to improve public procurement system

Finance minister: Armenia government considers it necessary to improve public procurement system

Armenian minister: AMD 15.1 billion were allocated for Ministry of Emergency Situations in 2019

Armenian minister: AMD 15.1 billion were allocated for Ministry of Emergency Situations in 2019

Armenian MP: Quite vivid changes in tax collection after revolution

Armenian MP: Quite vivid changes in tax collection after revolution

Finance minister: Last year's average monthly salary in Armenia comprised of AMD 182.673

Finance minister: Last year's average monthly salary in Armenia comprised of AMD 182.673

Minister: Food and non-alcoholic beverages' inflation reaches 1.9% in Armenia

Minister: Food and non-alcoholic beverages' inflation reaches 1.9% in Armenia

Minister says services and industry largely contributed to Armenia's economic growth

Minister says services and industry largely contributed to Armenia's economic growth

Deputy PM says Armenian government's debt amounted to nearly AMD 3.2 trillion

Deputy PM says Armenian government's debt amounted to nearly AMD 3.2 trillion

Armenia PM: State budget is shared “pocket” that is created jointly

Armenia PM: State budget is shared “pocket” that is created jointly

Deputy PM: AMD 1.5 trillion came to Armenia's state budget in 2019

Deputy PM: AMD 1.5 trillion came to Armenia's state budget in 2019

Ministry of Finance: Armenia national debt is fully overseeable

Ministry of Finance: Armenia national debt is fully overseeable

Armenia PM: Citizen must want, demand that state officials receive high salary

Armenia PM: Citizen must want, demand that state officials receive high salary

PM: There is huge shadow economy in Armenia

PM: There is huge shadow economy in Armenia

Deputy PM: Armenia inflation rate was 0.7% in 2019

Deputy PM: Armenia inflation rate was 0.7% in 2019

Pashinyan: Coronavirus can cause some economic difficulties for Armenia

Pashinyan: Coronavirus can cause some economic difficulties for Armenia

PM: It is the right time now to implement reforms in Armenia since we have nothing to lose

PM: It is the right time now to implement reforms in Armenia since we have nothing to lose

PM: 2019 was historic year for Armenia in terms of budget

PM: 2019 was historic year for Armenia in terms of budget

Armenia Premier: There will be new changes at State Revenue Committee in near future

Armenia Premier: There will be new changes at State Revenue Committee in near future

Armenia parliament committees jointly discussing 2019 state budget execution

Armenia parliament committees jointly discussing 2019 state budget execution

Armenia State Supervision Service conducting inspections at State Revenue Committee

Armenia State Supervision Service conducting inspections at State Revenue Committee