Cost of US dollar against Armenian dram rises by 0.73 percentage points to 475.35 drams

YEREVAN, September 25. / ARKA /. The average market value of US Dollar against Armenian currency has grown today by 0.73 percentage points form September 24 to 475.35 drams, the Central Bank said.

It said also the cost of euro has dropped from 531.62 drams to 530.30 drams, while the cost of Russian ruble has grown from 7.15 drams to 7.25 drams.

At NASDAQ OMX Armenia stock exchange the US Dollar traded today at 475.98 drams, as much as yesterday. According to the exchange, a total of 28 transactions with USD were effected today worth $5.1 million (the equivalent of about 2.4 billion drams). No transactions with euros were made, it added. -0-

spot_img

POPULAR

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img