Euro down 1.09 points to 424.45 drams, ruble is worth less than 4 drams

YEREVAN, October 9. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram has fallen today by 0.36 points from October 8 to 387.06 drams, , the Central Bank reported.

The euro rate has fallen by 1.09 points to 424.45 drams, and the Russian ruble has dropped by 0.03 points to 3.99 drams. -0-

spot_img

POPULAR

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

LATEST NEWS

spot_imgspot_imgspot_img