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Yerevan
USD: 377.29 RUB: 4.82 EUR: 436.15 GEL: 137.62 GBP: 503.49
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Euro down by 0.45 points to AMD 421.75

Banks

YEREVAN, 16 October. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 16 October 2024 was 387.28 drams, having increased by 0.08 points compared to 15 October.

Euro exchange rate decreased by 0.45 points to AMD 421.75, and the Russian ruble fell  by 0.01 points to AMD 3.99, the Central Bank reports. -0-

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Economy

Armenia ratified an agreement with IBRD on $80 million water supply modernization program

At its meeting on Wednesday, the National Assembly of Armenia ratified the credit agreement with the International Bank for Reconstruction and Development (IBRD, the structure of the World Bank) under the program of improving water supply and irrigation services in Armenia.
Announces

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.
Banks

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.
Banks

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

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