US dollar rises 0.04 percentage point to 414.19 drams today

YEREVAN, March 12. / ARKA /. The average exchange rate of U.S. dollar rose by 0.04 percentage point today from March 11 at the local forex market to 414.94 drams, the Central Bank said.

The exchange rate of euro rose from 574.55 drams to 575.03 drams and that of Russian ruble dropped from 11.40 drams to 11.37 drams.

The average exchange rate of USD at NASDAQ OMX Armenia stock exchange did not change from March 11 trading at 414.80 drams.

The exchange said a total of 27 transactions were effected today with USD worth $4.75 million (equivalent of about 2 billion drams). It said no deals with euro were made. -0-

spot_img

POPULAR

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan

VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.

LATEST NEWS

spot_imgspot_imgspot_img