Thu, 15 January
1.1 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

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

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

LATEST NEWS

spot_imgspot_imgspot_img