Sun, 3 August
24.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img