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Armenia’s 12-month inflation in late June up 6.5%

YEREVAN, July 6. /ARKA/. Armenia’s 12-month inflation in late June 2021 was up 6.5% when compared to June 2020, the  National Statistical Committee (NSC) said today.

It said when  compared to May 2021, the prices in late June 2021 were down by 0.8%.

Also, the first half inflation in January-June 2021, compared to the same period in 2020, increased by 5.7%.

Armenian government’s growth projection for 2021 is 3.2%. The inflation forecast is  4% (± 1.5%). In early July, acting Prime Minister Nikol Pashinyan stated that the government revised upward the growth forecast to  6%. -0-

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Insurance market of Armenia is in embryonic state

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Investment opportunities in Armenia discussed by Finance Minister and new ADB President

YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

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