Fri, 23 January
-5.9 C
Yerevan
USD: 379.07 RUB: 4.99 EUR: 444.84 GEL: 140.80 GBP: 512.73

Armenia to provide Nagorno-Karabakh with 20 billion dram loan

YEREVAN, October 28. /ARKA/. The Armenian government approved Thursday a decision to provide Nagorno-Karabakh with another 20 billion drams worth loan. The loan, provided at 0.01% interest rate is to be repaid until January 1, 2026.

The Nagorno-Karabakh government will use the loan to finance construction of new houses for families that have resettled in Nagorno-Karabakh, as well as to finance liabilities towards banks. ($1 – AMD 399.38). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The FINTECH360 conference will be held in Yerevan from April 27 to 29

The FINTECH360 international conference will take place in Yerevan from April 27 to 29, 2026.

Average exchange rate of dram to US dollar in December was 3.8% lower than a year ago

In December 2025, the average exchange rate of the Armenian dram against the US dollar stood at 381.5 drams, compared to 396.5 drams in December 2024, as reported by the Statistical Committee (Armstat).

Euro and ruble rise against Armenian dram, while US dollar weakens slightly

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on January 12, 2026, fell by 0.06 points compared to January 9, to 381.15 drams.

LATEST NEWS

spot_imgspot_imgspot_img