Nagorno-Karabakh’s Foreign Trade Grows By 15.4% To 90 Billion Drams

STEPANAKERT, November 12, /ARKA/. Nagorno-Karabakh’s foreign trade grew by 15.4% year-on-year in the first nine months of 2010 to 90 billion Drams ($238.9 million), ARKA correspondent in Stepanakert reported citing the latest figures released by its National Statistical Service.

According to officials numbers, exports grew by 36.3% to 19.8 billion Drams ($52.5 million), while imports grew by 10.6% to 70.2 billion Drams ($186.5 million). The trade deficit amounted to 50.4 billion Drams or $134 million. –0–

spot_img

POPULAR

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

LATEST NEWS

spot_imgspot_imgspot_img