USD market average rate totals AMD 372.92 May 12May 12, 2011 - 15:58 AMT PanARMENIAN.Net - Deals amounting to USD 2.6mln at an average price of AMD 374.44 /USD1 were concluded at NASDAQ OMX Armenia on May 12. The closing price comprised AMD 374.50 /USD 1. Meanwhile, the market average rate of USD totaled AMD 372.92 on May 12 increasing by 0.68 point compared to May 11. The exchange rate of euro amounted to AMD 529.21, decreasing by 7.30 points compared to May 11, while the rate of Russian ruble totaled AMD 13.33 that is 0.16 point lower compared to May 11, the CBA press service reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |