August deposit interest rates slash 0.3 p.p. to 8.7% in Armenia

YEREVAN, October 4. /ARKA/. Deposit average interest rates in Armenia slashed by 0.3 p.p. to 8.7% in August from July, according to the information published on Central Bank’s official website.

The source shows that the AMD short-term deposit average interest rate slipped by 0.2 p.p. to 9.9%, and the foreign deposit rate dropped by 0.2 p.p. to 5.7% in August from a month earlier.
At the same time, the AMD long-term deposit average rate fell by 0.7 p.p. to 10.95%, the foreign deposit rate – by 0.2 p.p. to 8%. ($1- 407.98 drams). —0–

spot_img

POPULAR

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

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.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img