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Daily Archives: Dec 4, 2024

U.S. dollar exchange rate exceeds 400 drams mark

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of December 4, 2024, stood at 402.72 drams, up 3.13 points compared to December 3.

Inflation of 1.4% recorded in Armenia in November

Inflation in Armenia's consumer market in November this year, compared to November of last year, stood at 1.4%, according to the report from the National Statistical Committee (NSC) of Armenia.

Central depository of Kazakhstan opens nominee account in Central Depository of Armenia 

The Central Depository of Kazakhstan (KCSD) has joined the Central Depository of Armenia (CDA) system by opening a nominee account, according to the press service of the Armenia Stock Exchange.

Armenian-founded unicorn ServiceTitan plans to raise up to $502M in IPO

ServiceTitan, one of the world's leaders in cloud software development, has announced that it aims to raise up to $502 million in its initial public offering on the Nasdaq stock exchange, according to the LA Times.