Fri, 28 February
-5.9 C
Yerevan
USD: 393.26 RUB: 4.53 EUR: 412.22 GEL: 139.95 GBP: 498.65
spot_img

US dollar rises by 0.02 p.p. against Armenian dram

YEREVAN, August 17. / ARKA /. The US Dollar has grown today by 0.02 percentage points over Armenia’s national currency from August 14 to 478.07 drams, the Central Bank said.

It said also the value of Euro has grown from 533.07 drams to 530.42 drams, while the value of Russian ruble has fallen from 7.37 drams to 7.30 drams.

No transactions with USD were effected today at NASDAQ OMX Armenia. According to the exchange, the bid price for USD was 477 drams, while the offering price was 478.05 drams.

The latest transaction there was made on August 14 when USD traded at 478 drams.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

UBA chairman explains why loan interest rates haven’t dropped despite refinancing rate cuts

Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), was asked why interest rates on loans have not decreased after the Central Bank reduced the refinancing rate.

Armenian banks’ profits should be invested into various sectors- UBA head

Accumulated profits and funds of the banks should be directed to investments, said Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), in response to a question from ARKA news agency about forecasts for 2025 and the readiness of banks to contribute to the capital market development.

US dollar exchange rate down, while euro and ruble up  

The average market exchange rate of the U.S. dollar to the Armenian dram on February 24, 2025, totalled  393.9 drams, down 0.51 points compared to February 21.

Loans and deposits of Armenian banks grew in December due to AMD funds – WB

In December, commercial bank deposits and credits in Armenia grew 4.6 and 3.9 percent (mom), respectively, both driven by AMD-denominated funds, according to 'Armenia Monthly Economic Update – February 2024'.

LATEST NEWS

spot_imgspot_imgspot_img