Average market value of USD drops by 0.13 percentage points to 406.56 drams

YEREVAN, July 23. / ARKA /. The average market value of USD against Armenian national currency has dropped today by 0.13 percentage points from July 22 to 406.56 drams, the Central Bank of Armenia reported.

It said also that the average market value of one euro has fallen from 548.30 drams to 547.39 drams and the average market value of one Russian ruble has grown from 11.66 drams to 11.68 drams.

At NASDAQ OMX Armenia stock exchange the greenback traded at 406.62 drams, a 0.03 percentage point down from July 22.

The exchange said a total of 48 transactions with USD were effected today worth $5.65 million (the equivalent of 2.3 billion drams).

No transactions with other currencies were made, it added. -0-

spot_img

POPULAR

Unibank Becomes Title Sponsor of Alashkert Football Club

Unibank and a four-time champion of Armenia "Alashkert" Football Club, have expanded their partnership, with the Bank becoming the club’s title sponsor.

Food prices account for 57% of inflation in Armenia – WB

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

“The Power of One Dram” – General Partner of the “Climate Change and Women” Awards

The August beneficiary of "The Power of One Dram" initiative was "Orran" Charitable Non-Governmental Organization.

Demand and potential economic problems: head of the Central Bank of Armenia named the reason for the rate hike and the conditions for its...

The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

LATEST NEWS

spot_imgspot_imgspot_img