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

Advisor to Araratbank CEO on PR issues resigns

YEREVAN, June 1. /ARKA/. Anna Baghdasaryan, advisor to the Executive Director of Araratbank on PR issues, announced her resignation on her Facebook page. She held the position for nine years.

In early February, Mher Ananyan replaced Ashot Osipyan as new Executive Director, Chairman of the Board of Araratbank. Ashot Osipyan resigned on November 1, 2019 to take over a job in an international financial organization.

Araratbank OJSC provides the latest and highest quality banking services both to individuals and legal entities. It runs 61 branches throughout the country. Araratbank lends actively to small and medium-sized businesses. It cooperates with 14 international financial organizations. -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.

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

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

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