US dollar down 1.72 points to AMD 401.31

YEREVAN, 6 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 6 December 2024 was AMD 401.31, down by 1.72 points compared to 5 December.

The euro exchange rate increased by 0.52 points to AMD 424.71, while the ruble exchange rate increased by AMD 0.11 points to AMD 4.03, the Central Bank’s website reports.  -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img