Cost of USD at Armenia’s foreign currency market drops by 0.37 p.p. to 405.06 drams

YEREVAN, November 12. / ARKA /. The cost of US Dollar at Armenia’s foreign currency market dropped by 0.37 percentage point today from November 11 to 405.06 drams, the Central Bank reported.

It said the cost of euro rose form 541.81 drams to 542.83 drams and the cost of Russian ruble rose from 12.31 to 12.41 drams. At NASDAQ OMX Armenia stock exchange the USD traded today at 405.25 rams.

The exchange said four transactions were concluded today worth $650,000. No transactions with euros or rubles were made, it said. -0-

spot_img

POPULAR

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img