Thu, 12 February
1.1 C
Yerevan
USD: 377.51 RUB: 4.88 EUR: 449.99 GEL: 140.49 GBP: 517.38

ADB ready to continue implementing programs in Armenia

YEREVAN, June 13. /ARKA/. The Asian Development Bank is ready to continue implementing development programs in Armenia, Takehiko Nakao, President of the Asian Development Bank (ADB), said Tuesday as he met with Armenian President Armen Sarkissian, the Armenian president’s press office reports.

Takehiko Nakao said that cooperation with Armenia has been established in a number of areas.
Sarkissian, on his side, called the ADB one of the most important partners of Armenia.

He said many projects had been implanted in the Armenian economy’s public and private sectors under the Asian Development Bank’s support.

Sarkissian proposed to Nakao to expand boundaries of the cooperation in development of infrastructures, agriculture, energy, information technology, tourism, healthcare, education and other areas. -0—

spot_img

POPULAR

Euro, USD and Russian ruble drop against Armenian dram

As of February 11, 2026, the average market exchange rate of the US dollar to the Armenian dram, established on the Armenian foreign exchange market, has dropped by 0.37 points from February 10, now standing at 377.51 drams.

Inflation of 3.8% Recorded in Armenia in January

Twelve-month inflation (January 2026 compared to January 2025) in Armenia's consumer market stood at 3.8%, according to a report from the Statistical Committee of Armenia.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (February 2–8)

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

LATEST NEWS

spot_imgspot_imgspot_img