Neither Dollar Nor Euro Deals Effected At NASDAQ OMX ARMENIAN On Wednesday

YEREVAN, May 4. /ARKA/. Neither dollar nor euro transactions were effected at NASDAQ OMX Armenian on Wednesday, according to the information received from this stock exchange.

Mikael Verdyan, analyst at Forex Club, explaining things, told ARKA News Agency that this situation is created by uncertainty in forex.

He said the market players, fearing that the Central Bank of Armenia may interfere in foreign exchange, refrain from buying foreign currencies.

Fundamental factors favorable for the dollar deter financial market players from selling dollars.

The latest forex deal at the stock exchange was effected on May 3, when one dollar traded at 374.25 drams.
Today’s average exchange rates are $1 = AMD 372.79 and €1 = AMD 553.63.-0—

spot_img

POPULAR

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

LATEST NEWS

spot_imgspot_imgspot_img