Mon, 28 April
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Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
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Central bank auctions 1.5 billion drams worth short-term bonds

YEREVAN, May 24. /ARKA/. Armenia’s Central Bank said today it had auctioned May 23 some 1.5 billion drams worth short-term government bonds of AMGT39202179 issue maturing in 39 weeks.

It said over 3 billion drams worth bids had been submitted, of which 2.841 billion drams worth bids were competitive.

The auction was attended by five dealers. The average weighted yield on a bond was 9.7572%; the cut-off point was 9.8550%. Profit after placement was 1,396,658,467 drams ($ 1 – 477.58 drams).  -0–

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

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