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

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.
Economy

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.
Banks

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.
Exchange market

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.
Announces

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

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%