US dollar down 1.72 points to AMD 401.31

Banks

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-

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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

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.
Announces

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

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Announces

Central Bank of Armenia explained its decision to keep the interest rate unchanged

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Economy

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

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