U.S. dollar drops by 1.36 percentage point over Armenian dram

YEREVAN, February 23, /ARKA/. The average market value of US dollar has dropped today by 1.36 percentage points over the Armenian national currency from February 22 to 493.38 drams, the Central Bank said.

It said also the average market value of euro has fallen from 548.17 drams to 542.87 drams and the average market value of the Russian ruble has grown from 6.51 drams to 6.52 drams.

No transactions with USD or euros were effected at NASDAQ OMX Armenia stock exchange. The latest transaction there was made on December 29, 2015, when the USD traded at 484.50 drams.-0-

spot_img

POPULAR

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

LATEST NEWS

spot_imgspot_imgspot_img