Euro exchange rate reaches 600 drams

YEREVAN, February 2. /ARKA/. The Euro was trading in Armenia today at 600.58 drams, the highest exchange rate since 2005, the Central Bank said. The Euro exchange rate has been growing steadily since January 24th.

The Euro is supported by expectations from the ECB to complete the buying of bonds after September of this year.

The US Dollar exchange rate has gown today by 0.06 percentage points from February 1 to 481.04 Drams. The Russian Ruble has not changed trading at 8.55 drams.-0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

Central Bank is not observing capital outflow from Armenia amid regional uncertainty

The Central Bank of Armenia is not observing capital outflow from Armenia amid regional uncertainty, stated Deputy Chairman Hovhannes Khachatryan.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

LATEST NEWS

spot_imgspot_imgspot_img