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Armenia’s Central Bank auctions 1.5 billion drams short-term government treasury bonds

YEREVAN, November 12. /ARKA/. Armenia’s Central Bank said Monday it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT26135135 issue.

According to a Central Bank press release, a total of 1 922 million drams worth bids were made (of them 1 902 were competitive bids).

Six dealers were said to have taken part in the auction of bonds with a 9.8096% yield and 10% cut off point. The income from the placement totaled 1 429 125 434 drams. ($1 – 408.91 drams).—0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate rises 0.64 points to AMD 411.8

The average market exchange rate of the U.S. dollar to the Armenian dram on February 7, 2025, totalled 396.76 drams, down 0.07 points compared to February 6.

Average exchange rate of the dram to the dollar in January was 1.7% lower than a year ago

In January 2025, the average exchange rate of the Armenian dram to the US dollar was 397.9 drams, which is 1.7% lower than in January 2024 (405 drams), according to a report by the National Statistical Committee of Armenia.

 EDB expects inflation to accelerate in Armenia

The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).

Euro exchange rate falls by 2.2 points to AMD 411.16

The average market exchange rate of the U.S. dollar to the Armenian dram on February 6, 2025, amounted to 396.83 drams, having increased by 0.25 points compared to February 5.

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