AMD inflation continues – paperMay 25, 2012 - 13:48 AMT PanARMENIAN.Net - According to Haykakan Zhamanak daily, the galloping inflation of AMD will continue. On May 24, AMD 406,5 was offered per USD 1 at Armenia’s stock exchange, with AMD exchange rate hitting record high of several years. “The fact above proves that the inflation of AMD will continue. Recent USD 20 million monetary intervention by the Central Bank of Armenia hasn’t in the least influenced Armenia’s foreign exchange market,” the daily said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Prosecutors to appeal Armenia ex-President’s acquittal Sargsyan was acquitted on Friday, May 31 more than four years after going on trial on corruption charges. Armenia: 28 protesters arrested after clash with police The Investigative Committee of Armenia has announced the arrest of 28 participants of an opposition demonstration. International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. |