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Modern Armenia » Economy

 

  •    USD marketplace normal rate totals AMD 407.48 Aug 9   

    PanARMENIAN.Net – Deals amounting to $1,975 million during an normal rate of AMD 407.25/USD1 were resolved during NASDAQ OMX Armenia on Aug 9. The shutting cost totaled AMD 407.26.

    The marketplace normal rate of USD totaled AMD 407.48 on Aug 9 dwindling by 1.12 indicate compared to Aug 8. Exchange rate of euro totaled AMD 545.33, dwindling by 0.56 indicate while a rate of Russian ruble remained unvaried to sum AMD 12.41, CBA press use reported.

    Article source: http://www.panarmenian.net/eng/news/167881/

    Tags: armenian economy

  •    OPEC keeps tellurian oil direct expansion estimates for 2014 unchanged   

    PanARMENIAN.Net – The Organization of Petroleum Exporting Countries kept estimates for tellurian oil direct enlargement in 2014 unvaried amid a fast opinion for a universe economy, according to Bloomberg.

    World oil expenditure will boost by 1 million barrels a day, or 1.2 percent, subsequent year to about 90.8 million a day, a group’s Vienna-based secretariat pronounced in a monthly marketplace report.

    Increasing outlay from countries outward OPEC means direct for a organization’s wanton will slip to 29.7 million barrels a day, or about 600,000 a day reduction than a 12 members pumped final month, a news showed.

    Brent wanton futures have gained about 2.8 percent in a past 3 months, trade nearby $107 a tub in London, amid signs a slack in China’s enlargement has stabilized, U.S. stagnation retreating and a retrogression in European economies is easing. OPEC concluded to tie correspondence with a central prolongation aim of 30

    Article source: http://www.panarmenian.net/eng/news/167883/

    Tags: armenian economy

  •    Greek stagnation hits new record high   

    PanARMENIAN.Net – Unemployment in Greece has risen to a new record high of 27.6 percent in May, adult from 23.8 percent in a same month final year, according to The Associated Press.

    The Hellenic Statistics Authority pronounced Thursday, Aug 8 a jobless rate rose from 27 percent in Apr this year. Young people were by distant a misfortune affected, with stagnation among job-seekers aged 15 to 24 station during 64.9 percent.

    Greece has been depending on supports from general rescue loans given May 2010, after years of wicked spending and mercantile mismanagement left it with a large bill deficit. In return, unbroken governments have imposed difficult purgation measures, including taxation hikes and income and grant cuts.

    The nation is now in a sixth year of a low recession.

    Article source: http://www.panarmenian.net/eng/news/167796/

    Tags: armenian economy

  •    USD marketplace normal rate totals AMD408.66 Aug 7   

    PanARMENIAN.Net – Deals amounting to $4 million during an normal rate of AMD 408.66/USD1 were resolved during NASDAQ OMX Armenia on Aug 7. The shutting cost totaled AMD 408.50.

    The marketplace normal rate of USD totaled AMD 409.49 on Aug 7 dwindling by 1.01 indicate compared to Aug 6. Exchange rate of euro totaled AMD 544.38, dwindling by 1.13 indicate while a rate of Russian ruble decreased by 0.09 indicate to sum AMD 12.40, CBA press use reported.

    Article source: http://www.panarmenian.net/eng/news/167687/

    Tags: armenian economy

  •    Yerevan to horde Armenia Expo 2013 in Sept   

    PanARMENIAN.Net – The 13th informal trade and industrial Armenia Expo 2013 vaunt forum will be hold in Yerevan from Sep 13 to 15.

    The eventuality is orderly by a Union of Manufacturers and Businessmen (Employers) of Armenia and LOGOS EXPO Centre with a support of a Armenian government.

    The aim of a eventuality is to hunt for new markets and partners, attract unfamiliar investments and denote a country’s mercantile potential.

    Article source: http://www.panarmenian.net/eng/news/167573/

    Tags: armenian economy

  •    Oil prices arise after unsatisfactory U.S. jobs report   

    PanARMENIAN.Net – Oil rose above $107 a tub Monday, Aug 5, after a unsatisfactory U.S. jobs news done it some-more expected a Federal Reserve will continue a impulse module over September, The Associated Press reported.

    Benchmark wanton for Sep smoothness was adult 18 cents to $107.12 during midday Bangkok time in electronic trade on a New York Mercantile Exchange. The agreement fell 95 cents to tighten during $106.94 a tub on Friday.

    U.S. employers combined 162,000 jobs in July, that was next expectations. The supervision also revised down gains for a before dual months when it expelled a practice total Friday.

    Some analysts were awaiting a Fed to start shortening a large mercantile impulse module in September. However, a unsatisfactory practice information lifted hopes that a Fed competence continue a $85 billion a month in supervision bond purchases until a finish of a year.

    The

    Article source: http://www.panarmenian.net/eng/news/167447/

    Tags: armenian economy

  •    Toyota raises the foresee for annual profit   

    PanARMENIAN.Net – Toyota has lifted a foresee for annual distinction as a diseased yen and a liberation in sales in a US continue to boost a growth, BBC News reported.

    It now expects to make a net distinction of 1.48tn yen ($14.8bn) for a stream financial year, adult from a progressing projection of 1.37tn yen. The carmaker lifted a opinion as it pronounced gain for a Apr to Jun entertain had jumped 93% from a year ago.

    Many Japanese firms have seen a swell in increase interjection to a weakening yen.

    The yen has depressed by scarcely 25% opposite a U.S. dollar given November, after a supervision denounced a array of assertive process moves.

    A diseased banking not usually creates Japanese products some-more affordable to unfamiliar buyers though also helps to boost increase of exporters when they repatriate their unfamiliar gain behind home. Toyota reported a net distinction of

    Article source: http://www.panarmenian.net/eng/news/167314/

    Tags: armenian economy

  •    USD marketplace normal rate totals AMD 410.11 Aug 2   

    PanARMENIAN.Net – Deals amounting to $2,1 million during an normal rate of AMD 411.12/USD1 were resolved during NASDAQ OMX Armenia on Aug 2. The shutting cost totaled AMD 411.35.

    The marketplace normal rate of USD totaled AMD 410.11 on Aug 2 augmenting by 0.49 indicate compared to Aug 1. Exchange rate of euro totaled AMD 541.84, dwindling by 0.37 indicate while a rate of Russian ruble remained unvaried to sum AMD 12.40, CBA press use reported.

    Article source: http://www.panarmenian.net/eng/news/167336/

    Tags: armenian economy

  •    Oil prices arise on auspicious U.S. mercantile data   

    PanARMENIAN.Net – Oil prices breezed past $108 per tub Friday, Aug 2, with traders emboldened by record highs on Wall Street and information display an upswing in U.S. bureau output, The Associated Press reports.

    Benchmark wanton for Sep smoothness rose 67 cents to $108.56 per tub during midday Bangkok time in electronic trade on a New York Mercantile Exchange. The agreement rose $2.86 a tub Thursday, or 2.7 percent, to tighten during $107.89 a tub on a Nymex on Thursday.

    Oil prices are being fueled by a same confidence that pushed Wall Street to new highs Thursday. The Standard Poor’s 500 index and a Dow Jones industrial normal both set record highs, and a SP 500 crossed a 1,700 symbol for a initial time.

    The Institute for Supply Management, a trade organisation of purchasing managers, pronounced the index of U.S. production jumped to 55.4 in July, adult from

    Article source: http://www.panarmenian.net/eng/news/167299/

    Tags: armenian economy

  •    Oil prices pushed adult by U.S. mercantile growth   

    PanARMENIAN.Net – Faster mercantile expansion in a U.S. and tightening wanton reserve helped pull adult oil prices Thursday, Aug 1, according to The Associated Press.

    Benchmark oil for Sep smoothness was adult 50 cents to $105.53 a tub during midday Bangkok time in electronic trade on a New York Mercantile Exchange. The agreement gained $1.95, or 1.9 percent, to tighten during $105.03 on Wednesday.

    Oil stockpiles in a U.S. fell by 740,000 barrels to 369.9 million barrels for a week finale Jul 26, according to a American Petroleum Institute. The U.S. Energy Department reported that reserve rose by 400,000 barrels final week, nonetheless reserve during a essential Cushing, Oklahoma, heart for benchmark West Texas Intermediate wanton declined by 1.9 million barrels.

    The oil cost was also increased by better-than-expected U.S. mercantile expansion for a second entertain of 2013. The Commerce Department pronounced Wednesday that a economy grew

    Article source: http://www.panarmenian.net/eng/news/167184/

    Tags: armenian economy


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