ArmInfo.Further depreciation of the ruble will lead to the loss of competitiveness of goods of Armenian origin in the Russian market and a decrease in the pace of economic  activity in Armenia. Economist Suren Parsyan expressed this opinion  in an interview with ArmInfo.

ArmInfo.Armenian Minister of Economy Vahan Kerobyan received Jason Buntin,  Director for Europe and Middle East Affairs at the Office of the United States Trade  Representative (USTR), and Laura Buffo, Deputy Assistant US Trade  Representative for Generalized System of Preferences (GSP).

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ArmInfo.More than 20 top speakers from Armenian and international entities will speak at The Doing Digital Forum (DDF) to be held on April 5 in Yerevan. Forum's  founder and organizer is SPRING PR Company, and the co- organizer is  Ameriabank. 

ArmInfo.Armenia's gross international reserves (GIR) are decreasing from the historical high - from $4.112 billion in December 2022 to $3.545 billion in February  2023. In particular, in January-February gross international reserves  decreased by 13.8% or by $567 million, which was observed at a more  restrained pace a year earlier - a decline by 6.7% or by $217.2  million.

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ArmInfo.The State Revenue Committee (SRC) of Armenia proposes amendments to the Tax Code of the Republic of Armenia, which will allow attracting apartments,  residential buildings and land plots that are idle to the rental  market, reduce the amount of rent, and also oblige to officially  record the fact of leasing for the purpose of further paying taxes.  The initiative is presented for public discussion on a single portal  of legal acts.

ArmInfo. The Government of Armenia has developed an action plan, one of the key documents of which is the Green and Sustainable Economic Development Strategy,  which is at the final stage of development, and we will soon be able  to start implementing it. This was stated by the Minister of Economy  of Armenia Vahan Kerobyan in the forum titled "Innovative Financial  Instruments and the Private Sector's Role in Fueling Green Business"  organized by the Shtigen group of companies.

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ArmInfo. On the currency interbank market of Armenia from March 27 to March 31, 2023, the slowdown in the growth of dollar transactions was accompanied by a sharp increase in ruble transactions, while there were no transactions in euro.  At the same time, similar dynamics were observed during daily transactions in dollars and 3x transactions in rubles. In particular, the weekly growth of dollar transactions slowed down sharply from 5.6-fold to 15.4%, while the  dynamics of ruble transactions improved from the 26.7% decline, increasing 2.3-fold. As a result, the predominance of the total volume of dollar transactions compared to the volume of ruble ones decreased 6-fold from 11.7- fold recorded a week earlier.

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ArmInfo. Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 30th annual awards for the World's Best Banks.  As ArmInfo was told in the press service of the Bank, when selecting the world's top banks, Global Finance considered a range of criteria, including growth in assets, profitability, geographic reach, strategic relationships, new business development, and innovation in products. Other factors for selection included the opinions of equity analysts, credit rating analysts, banking consultants, and others involved in the financial industry throughout the world. This year's awards were given to banks that attended carefully to their customers' needs in difficult markets and accomplished strong results while laying the foundations for future success.

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