Economy

OIL:  BRENT - 83.15-3.26 WTI - 77.43-3.68
COMEX:  GOLD - 1784.20-1.86 SILVER - 22.54-3.84
COMEX:  PLATINUM - 1009.60-1.66
LME:  ALUMINIUM - 2522.50-0.90 COPPER - 8391.00-0.70
LME:  NICKEL - 28680.00-0.63 TIN - 24446.00+5.12
LME:  LEAD - 2238.50+1.63 ZINC - 3126.00+1.53
FOREX:  USD/JPY - 136.91+1.94 EUR/GBP - 1.0492-0.84
FOREX:  EUR/USD - 1.0492-0.84 GBP/USD - 1.2199-1.13
STOCKS RUS:  RTSI - 1114.69+0.64
STOCKS US: DOW JONES - 33947.10-1.40 NASDAQ - 11239.94-1.93
STOCKS US: S&P 500 - 3998.84-1.79
STOCKS JAPAN:  NIKKEI - 27885.87+0.24 TOPIX - 1950.22+0.12
STOCKS CHINA:  HANG SENG - 19441.18-0.40 SSEC - 3212.53+0.02
STOCKS EUR:  FTSE100 - 7567.54+0.15 CAC40 - 6696.96-0.67
STOCKS EUR:  DAX - 14447.61-0.56
06/12/2022  CBA:  USD - 395.59-0.32 GBP - 481.67-3.20
06/12/2022  CBA:  EURO - 415.41-1.68
06/12/2022  CBA:  GOLD - 22598.25-119.48 SILVER - 292.34+4.61
December, 2022
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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 0.1K

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 .

Beeline Armenia - Telecommunication services for your business.
AMD Rates
10:30 06/12 Buy Sell
AMD / USD 393.00 397.00
AMD / EUR 408.00 418.00
AMD / RUR 6.18 6.40
dollars
dollars
CBA Rates
06/12/2022
USD / AMD
395.59
-0.32%
EUR / AMD
415.41
-1.68%
RUR / AMD
6.28
-0.08%
GBP / AMD
481.67
-3.20%
Cryptocurrencies
10:30 06/12
BTC/AMD
6,731,709
-1.64%
BTC/USD
17003.13
-1.81%
ETH/USD
1259.97
-2.83%
BCH/USD
111.81
-2.02%
XRP/USD
0.383870
-2.56%
LTC/USD
80.51
-3.78%
BNB/USD
289.13
-2.53%
DOGE/USD
0.100841
-3.35%
ETH/BTC
0.074102225
-1.04%
BCH/BTC
0.006575741
-0.21%
XRP/BTC
0.000022576
-0.77%
LTC/BTC
0.004734995
-2.00%
BNB/BTC
0.01700446
-0.73%
DOGE/BTC
0.000005931
-1.56%
CBA Metals
06/12/2022
dram / gram
Gold
22598.25
-119.48%
Silver
292.34
+4.61%
FOREX
09:49 06/12
EUR/USD
1.0492
-0.84%
GBP/USD
1.2199
-1.13%
USD/JPY
136.91
+1.94%
EUR/GBP
0.8599
+0.30%
Oil
09:49 06/12
$ / barrel
Brent
83.15
-3.26%
Light Sweet
77.43
-3.68%
COMEX
09:49 06/12
$ / tr. oz
Gold
1784.20
-1.86%
Silver
22.54
-3.84%
Platinum
1009.60
-1.66%
LME / 3M
09:49 06/12
$ / tonne
Aluminium
2522.50
-0.90%
Copper
8391.00
-0.70%
Nickel
28680.00
-0.63%
Tin
24446.00
+5.12%
Lead
2238.50
+1.63%
Zinc
3126.00
+1.53%
Molybdenum
45679.73
+1.87%
Cobalt
51955.00
+0.00%
Indexes
09:49 06/12
point
Dow Jones
33947.10
-1.40%
S&P 500
3998.84
-1.79%
NASDAQ
11239.94
-1.93%
FTSE
7567.54
+0.15%
CAC 40
6696.96
-0.67%
DAX
14447.61
-0.56%
RTSI
1114.69
+0.64%
Nikkei
27885.87
+0.24%
Topix
1950.22
+0.12%
Hang Seng
19441.18
-0.40%
SSEC
3212.53
+0.02%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.25
+0.00%
Lombard Repo
Lombard Repo Rate
10.75
+0.00%
Deposit
Deposit Rate
7.75
+0.00%
Macroeconomy
10/2022
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
2,128.5
+9.9%
Export 1
Export
4,129.4
+71.2%
Import 1
Import
6,755.8
+63.5%
CPI
Consumer price index
+8.70
Avg. Salary 2
Average salary
226,621
+14.0%
Services 3
Volume of services
2,074.3
+27.90%
Construction 3
Volume of construction
360,764
+14.4%
1 - mln AMD, 2 - AMD, 3 - bln AMD