Armenian dram depreciated in January against USD by 1.1%

YEREVAN, February 7. /ARKA/. In the currency market of Armenia in January 2011 increase of the settlement rate of AMD against USD by 1.1% was registered, in 3.6% increase of prices in consumer market, evidence the data of the Armenian National Statistic Service provided to ARKA News Agency for January 2011.

In January 2012 compared to January 2011 increase of consumer prices by 4.8% was accompanied by the increase of settlement rate by 6.2%.

In January, average settlement rate was 387.53 drams per $1. ($1 – 388.26 drams). -0-

spot_img

POPULAR

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank's March macroeconomic review.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 16-22)

The past week in Armenia's financial market saw little change, with monetary policy parameters maintained, updated banking data published, and external and fiscal risks clarified.

Armenia and IMF discuss a new standby arrangement

Armenian Deputy Prime Minister Mher Grigoryan and International Monetary Fund (IMF) Deputy Managing Director Marnix von Rey noted the importance of approving a new standby arrangement with the IMF and its full implementation.

LATEST NEWS

spot_imgspot_imgspot_img