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

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

Wildberries and Unibank in Armenia Launch Installment Purchase Service

Wildberries, in partnership with Unibank, will provide customers in the Republic of Armenia with the opportunity to purchase goods in installments.

Euro, US dollar, and ruble fall against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of June 10, 2026, fell by 0.01 points compared to June 9, to 368.44 drams.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: 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 June 9, 2026, fell by 0.08 points compared to June 8, to 368.45 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 1-7)

The week in Armenia's financial market was dominated by inflation data, currency dynamics, and the Central Bank's comments on the banking sector.

LATEST NEWS

spot_imgspot_imgspot_img