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, dollar, and ruble exchange rates against the Armenian dram continue to decline: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 30, 2026, fell by 0.17 points compared to June 29, to 367.89 drams.

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

LATEST NEWS

spot_imgspot_imgspot_img