US dollar drops to 485.01 drams

YEREVAN, April 11 / ARKA /. The average market exchange rate of US dollar has dropped today by 0.82 percentage points over the Armenian dram from April 10 to 485.01 drams, the Central Bank said.

It said also the Euro has dropped from 547.87 drams to 546.99 drams while the Russian ruble has grown from 7.51 drams to 7.54 drams. -0-

spot_img

POPULAR

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

LATEST NEWS

spot_imgspot_imgspot_img