Armenian Dram In November Depreciated Against Us Dollar By 1.6%

YEREVAN, December 2. /ARKA/. In the currency market of Armenia in November compared to October, increase of AMD against USD by 1.6% was recorded in 1.2% price increase in the consumer market, evidence the data of Armenian National Statistic Service for November 2011 provided to ARKA News Agency.

In November 2011 compared to December of the last year, increase of consumer prices by 2.1% was accompanied by the increase of calculated rate of 6.2%.

In November, average calculated rate was 382.83 drams per $1 which is by 5.9% more than the existing indicator in November 2010 – 361.4 drams per $1 . ($1 – 381.06 drams). –0–

spot_img

POPULAR

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

LATEST NEWS

spot_imgspot_imgspot_img