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

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

LATEST NEWS

spot_imgspot_imgspot_img