US dollar drops by 0.14 points over Armenian dram

YEREVAN, November 20. /ARKA/. The average market value of US dollar has dropped today by 0.14 points over the Armenian national currency to 481.70 drams, the Central Bank said.

It said the average market value of euro has grown from 514.80 drams to 514.84 drams and the average market value of Russian ruble has grown from 7.42 drams to 7.43 drams.

No transactions with US dollars or euros were effected today at NASDAQ OMX Armenia stock exchange.

The demand price for US dollar was 480 drams and the bidding price was 482.75 drams.
The latest deal there was made on November 19 when the greenback traded at 482.75 drams. -0-

spot_img

POPULAR

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

LATEST NEWS

spot_imgspot_imgspot_img