Weekly digest of foreign currency dealsMarch 2, 2012 - 17:00 AMT PanARMENIAN.Net - USD 85,788,582 was bought at an average price of AMD 388.25 /USD 1 and USD 95,873,742 sold at an average price of AMD 389.23 /USD 1 at the Armenian foreign currency market on Feb 27-March 2. Deals amounting to USD 10,330,000 at an average price of 388.55 /USD 1 were concluded at NASDAQ OMX Armenia during the reporting period. From Feb 20-26, AMD loans granted by banks totaled 25.1 bln, while USD loans amounted to 33.3 mln, the press service of the Central Bank of Armenia reported. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |