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

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img