US dollar exchange rate increases by 0.64 points to AMD 388.89

YEREVAN, 18 November. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on November 18, 2024, amounted to 388.89 drams, having increased by 0.64 points compared to November 15.

The euro exchange rate fell by 0.30 points to 410.12 drams, while the Russian ruble fell by 0.03 points to 3.87 drams, the Central Bank’s website reported. -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

LATEST NEWS

spot_imgspot_imgspot_img