Armenian dram depreciated against us dollar by 0.2%

YEREVAN, July 1. /ARKA/. In June, in currency market of Armenia increase of settlement rate of AMD against US dollar by 0.2% and 1.4% decline in the consumer market was registered, Armenian National Statistic Service informs.

In June 2011 compared with December 2010 increase of consumer prices by 3.5% was accompanied by the increase of settlement rate of 4%. Increase of consumer prices by 4.5% and decline of settlement rate of AMD against US dollar by 1.8% was registered.

In June average settlement rate was 374.92 drams per $1 which is by 0.4% more than the relevant indicator of June 2010. ($1 – 368.86 drams). -0-

spot_img

POPULAR

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026”

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026” an event that brought together successful women leaders from various industries and professional fields.

Unibank Sponsored the “Upside Down” Sport Climbing Festival

With the support of the Sport Climbing Federation of Armenia, the “Upside Down” sport climbing festival took place at the Ver Var bouldering gym, with Unibank acting as the sponsor of the event.

Yerevan’s budget revenues for the first four months amounted to 31.6 billion drams, with a 111.2% performance rate

From January to April 2026, the Yerevan budget actually received 31.6 billion drams of its planned 28.5 billion drams in revenues, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Dollar and euro exchange rates against the Armenian dram fell, while the ruble rose: 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 18, 2026, fell by 0.19 points compared to May 15, to 368.04 drams.

LATEST NEWS

spot_imgspot_imgspot_img