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

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

Armenian Dram Day to be marked at DigiTec 2026 with a major fintech conference

Armenian Dram Day will be celebrated this year within the framework of the DigiTec 2026 technology exhibition through a large-scale fintech conference, announced Edita Ghazaryan, Executive Director of the Union of Advanced Technology Enterprises (UATE).

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

LATEST NEWS

spot_imgspot_imgspot_img