Armenian dram got stronger by 0.5 percent in September

YEREVAN, October 3. / ARKA /. The Armenian national currency, the dram, strengthened against the US Dollar in September if compared with August declining by 0.5 percent, while consumer prices rose by 0.8 percent in the same time span, the National Statistical Service (ArmStat) said.

ArmStat said when compared to 2011 September, the 0.6 percent consumer price rise was accompanied by a 3.3 percent rise in dram’s value against US Dollar. In 2012 September the average exchange rate of a USD was 408.77 drams. -0-

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

“ML Fashion” issues bonds: distributor: “Cube Invest”

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

T-Bank customers in Armenia can now pay for purchases using QR codes

T-Bank customers in Armenia can now pay for purchases using QR codes through the mobile app, the bank's press service announced.

LATEST NEWS

spot_imgspot_imgspot_img