Economics

The Central Bank of Armenia informs “Armenpress” that today, 20 May, USD exchange rate down by 0.42 drams to 458.98 drams. EUR exchange rate up by 1.67 drams to 485.74 drams. Russian Ruble exchange rate up by 0.41 drams to 7.81 drams. GBP exchange rate up by 1.96 drams to 572.99 drams. The Central Bank has set the following pric...

Precious metals prices for 19 May: The price of gold futures is up by 1.45% to $1840.00, silver futures is up by 2.20% to $21.86, while platinum futures is up by 3.76% to $948.80. The measurement unit is 1 troy ounce (31.1 grams). New York’s NYMEХ (New York Merchantile Exchange) is a US futures market founded in 1882. Currently ...

Non-ferrous and minor metals prices for 19 May: The price of aluminum up by 1.71% to $2906.50, copper price up by 1.95% to $9415.50, lead price up by 0.44% to $2063.00, nickel price up by 7.92% to $28231.00, tin price up by 3.67% to $34230.00, zinc price up by 2.61% to $3714.50, molybdenum price down by 0.58% to $41380.72, cobal...

European main indexes values for 19 May: The value of German DAX down by 0.90% to 13882.30 points, French CAC 40 down by 1.26% to 6272.71 points, British FTSE down by 1.82% to 7302.74 points, and Russian RTSI up by 2.73% to 1245.71 points. The German Stock Index is a total return index of 30 selected German blue chip stocks trad...

USA main indexes values for 19 May: The value of Dow Jones down by 0.75% to 31253.13 points, S&P 500 down by 0.58% to 3900.79 points, Nasdaq down by 0.26% to 11388.50 points. The Dow Jones Industrial Average is one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It measure...

Oil prices for 19 May: WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 0.70% to $110.85 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange up by 0.70% to $110.99 per barrel, “Armenpress” reports. Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter. New York’s NYMEХ (Ne...

Asian main indexes values for 19 May: The value of Japanese NIKKEI down by 1.89% to 26402.84 points, Japanese TOPIX down by 1.31% to 1860.08 points. Chinese Shanghai Composite up by 0.36% to 3096.96 points, and HANG SENG down by 2.54% to 20120.68 points. The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated J...

The Central Bank of Armenia informs “Armenpress” that today, 19 May, USD exchange rate up by 1.91 drams to 459.40 drams. EUR exchange rate up by 2.88 drams to 484.07 drams. Russian Ruble exchange rate up by 0.18 drams to 7.40 drams. GBP exchange rate up by 3.88 drams to 571.03 drams. The Central Bank has set the following prices...

May 19, 2022 - 13:31 AMT PanARMENIAN.Net - Work on the establishment of the largest solar park in Armenia will begin in a few months, Hayk Tadevosyan, a specialist of the Armenian National Interest Foundation (ANIF), told journalists on Thursday, May 19, Sputnik Armenia reports. In cooperation with the fund (which attracts inve...

He said that with this project the government of Armenia is reaffirming its commitment to expand the renewable energy sector, in accordance to which the country plans to build up to 1000MW solar power plants, aiming to have a 15% solar power plant energy production in the entire energy production by 2030. ‘We attach great impor...