Mon, 2 February
-2.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

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

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

LATEST NEWS

spot_imgspot_imgspot_img