Armenian dram strengthens by 0.3% against dollar in November

YEREVAN, November 30. /ARKA/. Consumer prices rose 1.6% in Armenia in November, compared with October, as the Armenian dram strengthened by 0.3% against the U.S. dollar, National Statistical Service of Armenia reports.

In November compared with December 2009, consumer prices went 7.5% up, and the Armenian national currency weakened by 5 percent against the dollar.

According to the statistical report, consumer prices rose 4.5% and the dram climbed 25.7% against the dollar in November, compared with the same month a year earlier.

In November 2010, the dollar traded at 361.51 drams, while in November 2009, it traded at 387.08 drams.

The exchange rate set by the Central Bank of Armenia on November 30 was AMD 359.07 per $1. -0—

spot_img

POPULAR

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

LATEST NEWS

spot_imgspot_imgspot_img