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 8, 2020

Economics, money, markets

World Bank forecasts 2.8% decline in Armenia's GDP in 2020

World Bank forecasts 2.8% decline in Armenia's GDP in 2020

WB: 2020 Global economy awaits the worst recession since World War II

WB: 2020 Global economy awaits the worst recession since World War II

Brent oil prices falling

Brent oil prices falling

Number of new high-tech companies in Armenia increased by 25% in 2019, minister claims

Number of new high-tech companies in Armenia increased by 25% in 2019, minister claims

Armenia Ministry of Economy: Approaches need to change

Armenia Ministry of Economy: Approaches need to change

Minister dissatisfied with technical control over road construction in Armenia

Minister dissatisfied with technical control over road construction in Armenia

Exchange rates in Armenia

Exchange rates in Armenia

Armenia official: We will record economic decline in 2020

Armenia official: We will record economic decline in 2020

Armenia economy minister: Investors are cautious

Armenia economy minister: Investors are cautious

Finance ministry: Armenia receives $ 1.3 billion international support

Finance ministry: Armenia receives $ 1.3 billion international support

Inbound tourism in Armenia grows by almost 15% in 2019, minister says

Inbound tourism in Armenia grows by almost 15% in 2019, minister says

Armenian exports increase by 10.3% in 2019, minister says

Armenian exports increase by 10.3% in 2019, minister says

Manufacturing industry in Armenia grew faster than raw materials industry, minister says

Manufacturing industry in Armenia grew faster than raw materials industry, minister says

Italy statistics bureau says economic growth to fall 8.3%

Italy statistics bureau says economic growth to fall 8.3%

Armenian State Revenue Committee returns to businesses and citizens almost 80% more in 2019 than in 2018

Armenian State Revenue Committee returns to businesses and citizens almost 80% more in 2019 than in 2018

Armenia State Revenue Committee official: Very few official state cars left

Armenia State Revenue Committee official: Very few official state cars left

Armenia finance minister: Joint projects with international partners have been implemented by 54%

Armenia finance minister: Joint projects with international partners have been implemented by 54%

Saudi Arabia raises oil export prices

Saudi Arabia raises oil export prices

Armenian Ministry of High-Tech Industry saves AMD 300 million of budget funds in 2019

Armenian Ministry of High-Tech Industry saves AMD 300 million of budget funds in 2019

Armenia water supply company to submit new petition in August for tariffs

Armenia water supply company to submit new petition in August for tariffs

We proposed not to change natural gas prices for residents and socially vulnerable, Armenia official says

We proposed not to change natural gas prices for residents and socially vulnerable, Armenia official says

Armenia official: We do not set task to increase electricity tariff, at least until February 1

Armenia official: We do not set task to increase electricity tariff, at least until February 1

Armenian State Revenue Committee saves AMD 1.4 billion in 2019

Armenian State Revenue Committee saves AMD 1.4 billion in 2019

Armenia official: There is apparent decrease in prices of essential consumer goods

Armenia official: There is apparent decrease in prices of essential consumer goods

Armenian Ministry of Territorial Administration and Infrastructures saves AMD 55 billion in 2019

Armenian Ministry of Territorial Administration and Infrastructures saves AMD 55 billion in 2019

Armenia finance ministry: AMD 62bn more than planned were added to state budget in 2019

Armenia finance ministry: AMD 62bn more than planned were added to state budget in 2019

Finance ministry: Armenia managed to attract AMD 506.5 billion to the state budget due to VAT

Finance ministry: Armenia managed to attract AMD 506.5 billion to the state budget due to VAT