Finance

OIL:  BRENT - 70.84+1.77 WTI - 67.73+2.13
COMEX:  GOLD - 1773.60-0.26 SILVER - 22.31-0.04
COMEX:  PLATINUM - 934.50-0.11
LME:  ALUMINIUM - 2640.00-0.25 COPPER - 9421.00-0.94
LME:  NICKEL - 20030.00-1.33 TIN - 38800.00-0.70
LME:  LEAD - 2290.00+0.09 ZINC - 3215.00-0.37
FOREX:  USD/JPY - 113.15+0.07 EUR/GBP - 1.1296-0.20
FOREX:  EUR/USD - 1.1296-0.20 GBP/USD - 1.3287+0.02
STOCKS RUS:  RTSI - 1690.13+0.18
STOCKS US: DOW JONES - 34639.79+1.82 NASDAQ - 15381.32+0.83
STOCKS US: S&P 500 - 4577.10+1.42
STOCKS JAPAN:  NIKKEI - 27753.37-0.65 TOPIX - 1926.37-0.54
STOCKS CHINA:  HANG SENG - 23788.93+0.55 SSEC - 3573.84-0.09
STOCKS EUR:  FTSE100 - 7129.21-0.55 CAC40 - 6795.75-1.25
STOCKS EUR:  DAX - 15263.11-1.35
02/12/2021  CBA:  USD - 488.50+0.52 GBP - 650.83+1.23
02/12/2021  CBA:  EURO - 553.13+0.44
02/12/2021  CBA:  GOLD - 28101.31-207.78 SILVER - 359.03+0.30
02/12/2021  CBA:  PLATINUM - 14873.24+62.90
December, 2021
December 2021
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A Success Story – Intensive Apple Orchard
11/10/2021 11:32

A Success Story – Intensive Apple Orchard

“The idea of ​​establishing intensive orchards emerged about 4 years ago. Since the culture of intensive orchards was new in our country, and we had no experience in that field, we started by setting up one hectare of apple orchards and a year later we decided to expand. Today, with the support of Converse Bank, we enlarged the area from 1 to 4 hectares. The garden is already yielding”, says the owner, Nona Hovsepyan.

According to her, initially a hail protection net and a drip irrigation system were installed in the orchard, due to which they were able to significantly reduce the cost of irrigation water and crop loss due to unfavorable weather conditions.

Today 5 types of apples are grown in the orchard. Although apples are in demand in Armenia, significant part of the yield is exported.

Converse Bank’s agricultural lending terms: https://www.conversebank.am/hy/agriculturalloans

Oversight of the Bank is exercised by the Central Bank of Armenia

Ucom - broadband connection starting at AMD 6,000
AMD Rates
10:50 03/12 Buy Sell
AMD / USD 488.50 493.00
AMD / EUR 553.00 558.00
AMD / RUR 6.63 6.76
dollars
dollars
CBA Rates
02/12/2021
USD / AMD
488.50
+0.52%
EUR / AMD
553.13
+0.44%
RUR / AMD
6.61
+0.01%
GBP / AMD
650.83
+1.23%
Cryptocurrencies
10:50 03/12
BTC/AMD
27,769,442
+0.32%
BTC/USD
56846.35
+0.22%
ETH/USD
4567.07
+0.91%
BCH/USD
559.03
-1.07%
XRP/USD
0.98
+1.03%
LTC/USD
203.66
-0.10%
ETH/BTC
0.08034053
+0.69%
BCH/BTC
0.00983407
-1.28%
XRP/BTC
0.0000172
+0.47%
LTC/BTC
0.00358258
-0.32%
CBA Metals
02/12/2021
dram / gram
Gold
28101.31
-207.78%
Silver
359.03
+0.30%
Platinum
14873.24
+62.90%
FOREX
08:51 03/12
EUR/USD
1.1296
-0.20%
GBP/USD
1.3287
+0.02%
USD/JPY
113.15
+0.07%
EUR/GBP
0.8498
-0.23%
Oil
08:51 03/12
$ / barrel
Brent
70.84
+1.77%
Light Sweet
67.73
+2.13%
COMEX
08:51 03/12
$ / tr. oz
Gold
1773.60
-0.26%
Silver
22.31
-0.04%
Platinum
934.50
-0.11%
LME / 3M
08:51 03/12
$ / tonne
Aluminium
2640.00
-0.25%
Copper
9421.00
-0.94%
Nickel
20030.00
-1.33%
Tin
38800.00
-0.70%
Lead
2290.00
+0.09%
Zinc
3215.00
-0.37%
Molybdenum
44750.00
+0.00%
Cobalt
67050.00
+1.36%
Indexes
08:51 03/12
point
Dow Jones
34639.79
+1.82%
S&P 500
4577.10
+1.42%
NASDAQ
15381.32
+0.83%
FTSE
7129.21
-0.55%
CAC 40
6795.75
-1.25%
DAX
15263.11
-1.35%
RTSI
1690.13
+0.18%
Nikkei
27753.37
-0.65%
Topix
1926.37
-0.54%
Hang Seng
23788.93
+0.55%
SSEC
3573.84
-0.09%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
7.25
+0.00%
Lombard Repo
Lombard Repo Rate
8.75
+0.00%
Deposit
Deposit Rate
5.75
+0.00%
Macroeconomy
10/2021
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,848.2
+1.10%
Export 1
Export
2,410.6
+16.90%
Import 1
Import
4,126.6
+11.80%
CPI
Consumer price index
+6.90
Avg. Salary 2
Average salary
198,860
+6.70%
Services 3
Volume of services
1,525.5
+6.40%
Construction 3
Volume of construction
305.7
+5.90%
1 - mln AMD, 2 - AMD, 3 - bln AMD