Sat, 26 July
22.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Average market value of USD does not change trading at 406.56 drams

YEREVAN, July 24. / ARKA /. The average market value of USD against Armenia’s national currency has not changed from July 23 trading at 406.56 drams, the Central Bank said.

It said also the market value of one euro has grown from 547.39 drams to 547.92 drams and the market value of one Russian ruble has dropped from 11.68 drams to 11.61 drams.

At NASDAQ OMX Armenia stock exchange the greenback traded at 406.5 drams, a 0.03 percent decrease from July 23.

The exchange said a total of 30 transactions with USD worth $3.8 million (the equivalent of 1.5 billion drams) were effected today. It said also no transactions with euros were made. -0-

spot_img

POPULAR

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img