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

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

In January, commercial bank deposits in Armenia decreased by 0.3%, while lending expanded by 1.1% – WB

In January 2026, commercial bank deposits in Armenia decreased by 0.3% (MoM), while loans grew by 1.1% (MoM), according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

LATEST NEWS

spot_imgspot_imgspot_img