Tue, 25 February
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USD: 393.90 RUB: 4.48 EUR: 412.81 GEL: 139.68 GBP: 497.97
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Central Bank of Armenia again raises refinancing rate by 0.5 percentage points

YEREVAN, November 1. /ARKA/. Armenian Central Bank’s Board made a decision today to raise the refinancing rate by 0.5 percentage points and set it at 10.5%.

According to the press service of the Central Bank, the Lombard repo rate was also increased to 12% and the borrowing rate was increased to 9%.

On September 13, 2022, the regulator had already raised the key rate by 0.5 percentage points setting it at 10%. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro  down by 0.15 points to AMD 412.64

The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

Cashless payments in Armenia exceed cash payments – PM

Armenian Prime Minister Nikol Pashinyan said at a government meeting that cashless payments exceed cash payments this year.

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