Fri, 20 February
-0.9 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Armenian dram’s value reaches new low of 560 drams per one USD at stock exchange

YEREVAN, December 17. / ARKA /. Transactions with currency have resumed today at Nasdaq OMX Armenia stock exchange after a three-day halt. The average exchange rate of US dollar at the stock exchange has risen by 21.48 percent from December 10 to 560 drams.

The stock exchange told ARKA that one transaction was effected today with US dollars worth $100,000 (the equivalent of 56 million drams). The average market exchange rate of the USD at the end of December 17 was 527.20 drams, the euro traded at 656.94 drams.

The Central Bank has sold today $4 million at the local market at the weighted average exchange rate of 570.58 drams per one US Dollar. -0-

spot_img

POPULAR

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

LATEST NEWS

spot_imgspot_imgspot_img