Thu, 5 February
-4.9 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Dollar and Euro exchange rates against Armenian dram increased

YEREVAN, 15 November. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on November 15, 2024, dropped to 388.25 drams, down 0.061 points compared to November 14.

The euro exchange rate collapsed by 3.01 points to AMD 410.42, while the ruble exchange rate points to AMD 3.90, the Central Bank’s website reported. -0-

spot_img

POPULAR

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img