Wednesday, April 20 2016 16:38
Karine Melikyan

Downward trend of Armenia foreign trade balance continues, as imports keep falling

Downward trend of Armenia foreign trade balance continues, as imports keep falling

ArmInfo. Foreign trade turnover of Armenia fell 3.8% in Q1 2016 versus the same period of 2015 to 487.7bln drams or $997.1mln. According to the preliminary data of the National Statistical Service, exports increased 26.3% to 183.8bln drams ($375.9mln), amid 15.9% decline of imports to 303.9bln drams ($621.2mln). Economic activity increased 5.5% in Q1 2016, amid 26.3% growth of exports and 15.9% decline of imports. In March 2016 versus March 2015, this indicator increased 6.6%.  For March alone, it grew 13.8%.

On Mar 2016 alone the foreign trade turnover increased 2.9%, in particular exports increased 9.6% amid 1.1% decline of imports. In Mar 2016 versus Mar 2016, this indicator fell 7%, as imports fell 21.5% amid 30.3% growth of exports.

A year ago, in Jan-Mar 2015, foreign trade turnover fell 28.5% year on year, as exports fell 23.1% and imports 30.5%. In Mar 2015 alone, foreign trade turnover increased 10.3%, as imports grew 6.8% and exports - 19.6%. For comparison, in Jan-Mar 2014, foreign trade turnover increased 0.6% year on year, as exports grew 1.8% and imports - 0.2%.  In Mar 2014 alone, foreign trade turnover increased 27.7%, as exports grew 7.2% and imports - 21.9%.

In Mar 2016, the average AMD/USD exchange rate was 486.33 AMD/1USD, in Jan-Mar 2016 - 488.67 AMD/1USD (versus 477.61 AMD/1USD in Mar 2015 and 477.26 AMD/1USD in Jan-Mar 2015).  In Mar 2014 it totaled 414.22 AMD/1USD and in Jan-Mar 2014 - 411.04 AMD/1USD.


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Exchange rates
25.01.2021
RUB6.88-0.07
USD518.36-0.08
EUR629.39-1.71
GBP708.600.26
CAD407.68-0.64
JPY49.94-0.07
CNY79.97-0.26
CHF584.07-1.80



Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000