Fri, 30 January
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USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

IMF confirms its Armenian economy forecast

YEREVAN, December 10, /ARKA/. The International Monetary Fund has left unchanged its forecasts about Armenian economic growth for next year, IMF outgoing Resident Representative Nienke Oomes told ARKA today.

‘We think that the full-year economic contraction in 2009 will be 15.6% and the next year’s growth –will be 1.2%,’ she said.

The IMF has predicted that Armenian economy will grow by 3% in 2011, by 3.5% in 2012, by 4% in 2013 and by 4.5% in 2014. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and dollar exchange rates fall against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on January 22, 2026, fell by 0.06 points compared to January 21, to 379.08 drams.

Net loan portfolio of Armenian banks increased by 22.66% to 7.7 trillion drams in 2025

The loan portfolio of the Armenian banking system as of December 31, 2025, amounted to 7.7 trillion drams, an increase of 22.66% compared to the fourth quarter of 2024.

Euro rises against Armenian dram as USD and ruble drop

The average market exchange rate of the US dollar to the Armenian dram as of January 23, 2026, fell by 0.01 points compared to January 22, to 379.07 drams.

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