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

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Central Bank of Armenia website and centralized registry of bank accounts may be unavailable for four hours on April 14

The Central Bank of Armenia website and the centralized registry of bank accounts may be temporarily unavailable on April 14 from 7:00 PM to 11:00 PM due to scheduled maintenance of the information systems.

Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank

Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

IMF Improves Armenia’s GDP Growth Forecast to 5.3% in 2026

The International Monetary Fund (IMF) forecasts real GDP growth for Armenia at 5.3% in 2026 and 5.5% in 2027, according to the April World Economic Outlook, published on April 14.

Byblos Bank Armenia joins FinTech Armenia as Founding Member

Byblos Bank Armenia has joined FinTech Armenia Association as a Founding Member, marking a significant milestone in the Bank’s ongoing efforts to drive digital transformation and innovation within the financial sector.

LATEST NEWS

spot_imgspot_imgspot_img