Mon, 9 June
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Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Education loans in April grow by 2.9% to about 4 billion drams

YEREVAN, June 10. /ARKA/. In 2016 April Armenian commercial banks provided about 3.98 billion drams worth education loans, by 2.9% more than in March, according to the monthly bulletin of the Central Bank of Armenia.

About 55% of loans or 2.2 billion drams, provided in April were in foreign currency, by 2.2% less than in March.

The amount of loans in drams was 9.6% higher than in March amounting to 1.8 billion drams.
At present, there are 20 commercial banks in Armenia. ($ 1 – 478.87 drams). -0-

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Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

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