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Daily Archives: May 6, 2024

In April, the estimated exchange rate of Armenian dram to US dollar decreased by 2.4%

Exchange market
In April 2024 compared to March of the same year, Armenia recorded consumer price inflation of 0.6% and a 2.4% decrease in the estimated exchange rate of the Armenian dram against the US dollar, according to  the National Statistical Committee of Armenia.

Deflation of 0.7% registered in Armenia in April 2024

Economy
Consumer prices in Armenia were down 0.7% in April this year compared to April last year, the  National Statistical Committee (NSC) says.

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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