Sat, 15 March
11.1 C
Yerevan
USD: 391.74 RUB: 4.57 EUR: 426.88 GEL: 141.28 GBP: 506.99
spot_img

Armenian Dram Strengthens 2.3 Points against Dollar in May

YEREVAN, May 31. /ARKA/. Market prices in Armenia went 1% up, and the national currency strengthened 2.3% against the US dollar on the foregn exchange in May, compared with April, National Statistical Service of Armenia reports.

Consumer prices and Armenian dram exchange rate rose 5.3% and 1.3% accordingly in May 2010, compared with December 2009.

They climbed 5.5% and 21% in May 2010, compared with the same month a year earlier.

In May 2010, one dollar traded at AMD 385.58 on average (3.5% rise, compared with May 2009, when the US currency traded at AMD 372.46).—0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img