Euro jumps 2.74 points to AMD 409.14

Banks

YEREVAN, 25 November. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram at the end of November 25, 2024, was AMD 390.14, up 0.38 points compared to November 22.

The euro exchange rate jumped by 2.74 points to AMD 409.14, while the ruble exchange rate fell by 0.04 points to AMD 3.75, the Central Bank’s website reported. -0-

spot_img

POPULAR

Banks

Idram and IDBank Support Startups at Seaside Startup Summit

Thousands of ideas and numerous participants - all in one place.
Loans

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.
Announces

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.
Economy

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.
Announces

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
A young farmer develops his village through hard work
A young farmer develops his village through hard work
Next article
IMF: Armenia’s Central Bank able to reduce inflation target to 3%
IMF: Armenia’s Central Bank able to reduce inflation target to 3%