Tue, 4 March
6.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

More than half of Armenians expect dram to continue devaluation this year

YEREVAN, October 27. / ARKA /. More than half of respondents of an online survey at www.armbanks.am expect the national currency, the dram, to devaluate this year.

According to the survey findings, 60% of respondents (76 people) were absolutely sure that the dram will continue to depreciate in 2011. Some 31% of the respondents (40 people) believed that the national currency will not depreciate further. And only 9% of respondents (11 people) found it difficult to answer the question.

Some 127 visitors took part in the online poll which was conducted from 13th of May to 26th of October 2011.

In 2009 ARKA launched www.armbanks.am, www.bonds.am, www.anticrisis.am as part of its development strategy. In addition to daily news reports, the portal posts also analytical and exclusive materials, data about banks, insurance and credit institutions, their comparative financial figures and statistical information. -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

Euro exchange rate rises by 0.91 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 26, 2025, amounted to 393.51 drams, down 0.04 points compared to February 25.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

LATEST NEWS

spot_imgspot_imgspot_img