Euro down 0.27 points to AMD 410.52

Banks

YEREVAN, 20 November. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 20 November 2024 was 389.19 drams, having increased by 0.22 points compared to 19 November.

The euro exchange rate fell by 0.27 points to 410.52 drams, while the ruble exchange rate fell by 0.01 points to 3.88 drams, the Central Bank’s website reported. -0-

spot_img

POPULAR

Announces

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.
Banks

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.
Economy

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).
Announces

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenian-founded company ServiceTitan applies for an IPO on  Nasdaq
Next article
Unibank is the first bank in Armenia to issue subordinated bonds