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

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

LATEST NEWS

spot_imgspot_imgspot_img