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

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

As part of its 35th-anniversary events, IDBank has signed a Memorandum of Understanding with the Matenadaran

A new biodiversity park will be established in the heart of the capital, covering approximately 1.2 hectares adjacent to the Matenadaran.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

LATEST NEWS

spot_imgspot_imgspot_img