USD drops by 0.8 percentage point over Armenian dram

YEREVAN, March 24, /ARKA/. The average market value of US dollar has grown today by 0.8 percentage points over the Armenian national currency from March 23 to 480.73 drams, the Central Bank said.

It said also the average market value of euro has grown from 536.99 drams to 537.12 drams and the average market value of the Russian ruble has fallen from 7.09 drams to 6.92 drams. No transactions with USD were effected at NASDAQ OMX Armenia stock exchange today.

The first transaction at the exchange this year after a two-month break was effected on March 11 when a $100,000 transaction was made at 491 drams per one USD.-0-

spot_img

POPULAR

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

LATEST NEWS

spot_imgspot_imgspot_img