Economy

OIL:  BRENT - 43.52+0.79 WTI - 40.43+0.85
COMEX:  GOLD - 1994.00-0.03 SILVER - 24.63+1.61
COMEX:  PLATINUM - 919.70+0.04
LME:  ALUMINIUM - 1722.00+0.17 COPPER - 6439.50+0.18
LME:  NICKEL - 13806.00+0.25 TIN - 17822.00-0.35
LME:  LEAD - 1861.00+0.05 ZINC - 2311.00+1.18
FOREX:  USD/JPY - 105.74-0.13 EUR/GBP - 1.1754-0.17
FOREX:  EUR/USD - 1.1754-0.17 GBP/USD - 1.3062-0.14
STOCKS RUS:  RTSI - 1234.44+0.17
STOCKS US: DOW JONES - 26428.32+0.44 NASDAQ - 10745.27+1.49
STOCKS US: S&P 500 - 3271.12+0.77
STOCKS JAPAN:  NIKKEI - 22195.38+2.24 TOPIX - 1522.64+1.78
STOCKS CHINA:  HANG SENG - 24458.13-0.56 SSEC - 3367.97+1.75
STOCKS EUR:  FTSE100 - 5897.76-1.54 CAC40 - 4783.69-1.43
STOCKS EUR:  DAX - 12313.36-0.54
03/08/2020  CBA:  USD - 485.83+0.50 GBP - 633.62-3.91
03/08/2020  CBA:  EURO - 570.56-4.90
03/08/2020  CBA:  GOLD - 30691.34+144.72 SILVER - 375.97+14.59
03/08/2020  CBA:  PLATINUM - 14135.92+248.61
August, 2020
August 2020
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Exports of 5.7 billion drams and investments projects of 1.5 billion. The DFA has multiplied its results in the passing year
05/12/2017 23:40

Exports of 5.7 billion drams and investments projects of 1.5 billion. The DFA has multiplied its results in the passing year

The DFA has multiplied or improved the main results of its activities in 2017. During today’s annual summarizing press conference, the CEO of the DFA Armen Avak Avakian presented the datas. The entire conference and meeting was broadcast live on the DFA official YouTube channel https://www.youtube.com/watch?v=vOKigkK4gPM .

During the press conference, the CEO of the Foundation answered the questions of journalists  who were present , also  written and video questions from different countries, Artsakh and other regions of Armenia, as well as  questions from private sector representatives.

In 2017, three global changes have been made in the Foundation: first, the DFA mandate has been changed from the general development foundation to a business-oriented structure. In addition, the tourism development component has been removed from the DFA’s functions, the list of the DFA services has been supplemented by a project platform and aftercare. In the line with the new mandate, the Foundation’s structure has been changed. During the year, 23 times more output has been achieved for each dollar spent on the export promotion.

Last year due to the DFA’s support about 70 companies of the food, jewelry, shoe, light industry, winemaking and other spheres participated in the international exhibitions. As a result of exhibitions, export contracts worth of 5.11 billion drams were signed with foreign wholesale buyers and suppliers, which are successfully implemented. And, at the “WorldFood Moscow 2017” our pavilion was named as the best.

The Aftercare Team of the DFA started to resolve addressable the problems emerged in the activities of 8 foreign and local investors. During this year there were made investments worth of 15.388mln USD, and 124.5mln USD investment is expected. 

This year, the DFA has created a network of official representatives composed of professional, dedicated individuals who are not paid  by the governmnet. Due to them, the DFA is now represented, and carries out export and investment promotion activites in the US, Russia, China and European countries. To compile the network, the DFA’s International Cooperation team has selected 35 representatives from 2,000 candidates. The Foundation is currently working on processing the presented export projects in order to provide appropriate batch.

The DFA has provided a new platform for new business connections for hundreds of Armenian companies by organizing more than 600 B2B meetings, conferences, business missions and investment campaigns.

The presentation of the DFA activity results is available here: https://joom.ag/3tUL .

Ucom - broadband connection starting at AMD 6,000
AMD Rates
10:50 03/08 Buy Sell
AMD / USD 483.50 487.50
AMD / EUR 568.00 574.00
AMD / RUR 6.52 6.65
dollars
dollars
CBA Rates
03/08/2020
USD / AMD
485.83
+0.50%
EUR / AMD
570.56
-4.90%
RUR / AMD
6.57
+0.00%
GBP / AMD
633.62
-3.91%
Cryptocurrencies
10:50 03/08
BTC/AMD
5,407,440
-4.25%
BTC/USD
11141.78
-4.25%
ETH/USD
382.01
+7.42%
BCH/USD
288.36
-6.59%
XRP/USD
0.30
+11.11%
LTC/USD
57.27
-3.88%
ETH/BTC
0.03428633
+12.19%
BCH/BTC
0.02588074
-2.44%
XRP/BTC
0.00002693
+16.03%
LTC/BTC
0.00514055
+0.40%
CBA Metals
03/08/2020
dram / gram
Gold
30691.34
+144.72%
Silver
375.97
+14.59%
Platinum
14135.92
+248.61%
FOREX
10:00 01/08
EUR/USD
1.1754
-0.17%
GBP/USD
1.3062
-0.14%
USD/JPY
105.74
-0.13%
EUR/GBP
0.8994
-0.04%
Oil
10:00 01/08
$ / barrel
Brent
43.52
+0.79%
Light Sweet
40.43
+0.85%
COMEX
10:00 01/08
$ / tr. oz
Gold
1994.00
-0.03%
Silver
24.63
+1.61%
Platinum
919.70
+0.04%
LME / 3M
10:00 01/08
$ / tonne
Aluminium
1722.00
+0.17%
Copper
6439.50
+0.18%
Nickel
13806.00
+0.25%
Tin
17822.00
-0.35%
Lead
1861.00
+0.05%
Zinc
2311.00
+1.18%
Molybdenum
16050.00
+0.70%
Cobalt
29250.00
+0.86%
Indexes
10:00 01/08
point
Dow Jones
26428.32
+0.44%
S&P 500
3271.12
+0.77%
NASDAQ
10745.27
+1.49%
FTSE
5897.76
-1.54%
CAC 40
4783.69
-1.43%
DAX
12313.36
-0.54%
RTSI
1234.44
+0.17%
Nikkei
22195.38
+2.24%
Topix
1522.64
+1.78%
Hang Seng
24458.13
-0.56%
SSEC
3367.97
+1.75%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
4.50
+0.00%
Lombard Repo
Lombard Repo Rate
6.00
+0.00%
Deposit
Deposit Rate
3.00
+0.00%
Macroeconomy
03/2020
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
585.21
+4.20%
Export 1
Export
692.5
-8.10%
Import 1
Import
1,323.4
-11.50%
CPI
Consumer price index
+0.1
Avg. Salary 2
Average salary
191,623
+9.30%
Services 3
Volume of services
585.44
+0.1%
Construction 3
Volume of construction
54.03
-21.9%
1 - mln AMD, 2 - AMD, 3 - bln AMD