Mon, 23 February
2.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Median Armenian nominal wage in Q one drops by 0.5%

YEREVAN, May 24. / ARKA /. The median nominal wage in the first quarter of 2011 dropped by 0.5% year-on-year to 108,248 drams, the National Statistical Service said today in a report called Food Security and Poverty in Armenia in January-March 2011.

The highest median wage of 134,500 drams was reported in the southern province of Syunik and the lowest median wage of 75,200 drams in central Aragatsotn province. In the capital city Yerevan it was 118,500 drams. The unemployment level in the first three months of 2011 was said to have fallen by 0.4 percentage point from the beginning of the year to 6.6%. -0-

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Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

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