Total volume of deposits in Armenian commercial banks grosses AMD 636 billion by end of JulySeptember 8, 2010 - 19:10 AMT PanARMENIAN.Net - Total volume of deposits in RA commercial banks grosses AMD 636 billion by end of July, increasing 1,3% (AMD 8,3 billion) compared with June results. AMD 522,3bln was deposited by residents; AMD 103,8bln provided by non-residents, CBA monthly bulletin reported. AMD and foreign currency deposits totalled 27,2% and 72,8% respectively. As for gold, Kudrin wrote that it is overrated and gold prices might grow in the short-term but will decline after that. The makers of Pepsi, Lipton, Doritos and Lay's, expect to save $1.5 bln and channel some of the money into advertising. The European Central Bank kept interest rates on hold and altered its assessment of risks to the economic outlook. The market average rate of USD totaled AMD 388,71 on Feb 9, increasing by 0.34 point compared to Feb 8. |