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

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

Dram-pegged stablecoins will significantly reduce cross-border payment costs – Galstyan

Stablecoins pegged to the Armenian dram will allow the population to make domestic payments and significantly reduce cross-border payment costs, stated Martin Galstyan, head of the Central Bank of Armenia, in response to a question from ARKA news agency.

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img