Artsakhpress

Economy

World oil prices dropping

World oil prices are falling Tuesday morning, and trading data attest to this, news.am reports.

Oil prices jump more than $1 on slow US output restart

Oil prices jumped by more than $1 on Tuesday, as US output was slow to return after a deep freeze in Texas shut in crude production last week, Reuters reports.

One dollar exceeds AMD 525 mark in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 525.10/$1 in Armeni, news.am reports, citing the official website of the Central Bank of Armenia.

Tax revenues and duties paid to Artsakh state budget decreased by more than 65%

According to preliminary data, in January 2021, the tax revenues and duties paid to the state budget of the Artsakh Republic amounted to 1 billion 27.2 million drams, which is 65.8% or 1 billion 972.3 million drams less than the same indicator of the previous year.

Economy shows first signs of post-crisis recovery, Armenian PM says

Armenia’s economy is showing the first signs of the post-crisis recovery, Prime Minister Nikol Pashinyan said during today’s Cabinet meeting.

Dollar still going up in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 523.13/$1 in Armenia on Wednesday; this is up by AMD 0.53 from Tuesday, according to the official website of the Central Bank of Armenia.

Package of tax benefits as result of recent war being considered at Artsakh legislature

The Financial-Budgetary and Economic Management Committee of the Artsakh (Nagorno-Karabakh) National Assembly (NA) convened a meeting, news.am reports, citing the information and public relations department of the NA.

Dollar gains value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 521.13/$1 in Armenia on Friday; this is up by AMD 0.53 from Thursday, according to the official website of the Central Bank of Armenia.

Eurasian Intergovernmental Council session kicks off in Kazakhstan

The session of the Eurasian Intergovernmental Council has kicked off in Almaty, Kazakhstan.

New markets, solutions and projects: Almaty Digital Forum 2021 launched in Kazakhstan

Almaty Digital Forum 2021 has launched in Kazakhstan with the maintenance of all COVID-19 related rules.

There are no plans for investing common currency in EAEU

There are no plans for investing common currency in the Eurasian Economic Union, that issue is not being discussed because of the absence of necessary prerequisites, ARMENPRESS reports, citing Belta agency, Member of the Board – Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission Timur Zhaxylykov said in a video conference on February 4.

World in the worst economic crisis for a century, UN Secretary-General says

The economic crisis following the coronavirus pandemic has become the worst for almost a century, UN Secretary-General Antonio Guterres says on Monday in his video statement during the Davos Agenda summit, TASS news agency reported.

World oil prices going up

World oil prices are on the rise on Wednesday morning, and trading data attest to this.

Quarry output to be used for building new town in Artsakh

A new town will be built in Artsakh using the rubble stone excavated from the quarry of Martakert, the Artsakh presidential advisor Samvel Voskanyan told Armenpress.

Iran ready to contribute in implementing economic projects with Armenia

On January 19, Artashes Toumanian, Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the Islamic Republic of Iran, was received by Seyed Rasool Mohajer, Deputy Foreign Minister on Economic Diplomacy, the Armenian Embassy in Iran reports.

Armenia’s industrial production registers smallest drop in EAEU

Industrial production volume of Armenia comprised 3 billion 766,1 million USD in January-November according to the current prices and the exchange rate of the Armenian dram against the US dollar calculated by the Central Bank, the Eurasian Economic Commission (EEC) reports.

World oil prices on the rise

World oil prices are going up on Wednesday morning, and trading data attest to this.

Contract on Russian natural gas supply to Armenia is extended

Gazprom has extended the contract for the supply of Russian natural gas to Armenia for the first quarter of 2021; this is noted in the respective statement by Gazprom Export, news.am reports.

Dollar goes up in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 522.21/$1 in Armenia on Wednesday; this is up by AMD 0.24 from Tuesday, according to the official website of the Central Bank of Armenia.

World oil prices falling

World oil prices are dropping Wednesday morning, and trading data attest to this.