Armenian dram 0.5% stronger Versus US dollar in October

YEREVAN, November 2. /ARKA/. Exchange rate of Armenian dram versus US dollar dropped by 0.5% in October against September, along with a 1.2% rise in consumer prices, Armenian National Statistical Service reports.

A 3.4% rise in consumer prices went together with an 8% increase in the exchange rate as compared in October 2012 to October the year before.

Average exchange rate was 406.69drams per US dollar in October.–0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

Market capitalization in September totaled AMD 352.4 billion – Armenia Securities Exchange

Equity market capitalization in September 2026 stood at approximately AMD 352.4 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

LATEST NEWS

spot_imgspot_imgspot_img