Mon, 17 March
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Yerevan
USD: 392.34 RUB: 4.68 EUR: 427.93 GEL: 141.48 GBP: 508.94
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Armenia’s total public debt rose to over $12.6bn in October, 2024

YEREVAN, 6 December. /ARKA/. Armenia’s aggregate public debt as of 31 October 2024 stood at over $12.6 billion, increasing by $131.3 million compared to 30 September 2024, the National Statistical Committee said in a report.

Meanwhile, on 31 December 2023, the debt stood at over $11.8 billion.  Over $6.2 billion was the external debt (down $20 million from the previous  month), while domestic debt rose by $151.5 million to over $6.3 billion.

The government’s external debt fell by $6.7 million to over $5.7 billion, while the Central Bank’s debt fell by $13.4 million to over $508.2 million.

Of the domestic debt over $5.7 billion (an increase of $148.2 million) was owed to resident holders of government  treasury bonds and over $555.5 million was owed to  resident holders of Eurobonds, a decrease of $0.3 million.

Also, the government’s  internal guarantees stood at $21.107 million with an increase of $3.533 million. -0-

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S&P predicts the future of CCA banks, including Armenia, in the event of a Russian-Ukrainian ceasefire

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Dollar and Euro exchange rates against Armenian dram fell

The average market exchange rate of the US dollar to the Armenian dram, as of March 14, 2025, stood at 391.74 drams, reflecting a decrease of 1 point compared to March 13.

Preferential registration for the FINTECH360conference is available until March 15

Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.

USD and RUB depreciate against Armenian dram, EUR – rises

The average market exchange rate of the US dollar to the Armenian dram on March 12, 2025, made AMD 393.42, down 0.62 points compared to March 11.

Euro down 2.15 points to AMD 426.91

The average market exchange rate of the US dollar to the Armenian dram on March 13, 2025, totaled 392.74 drams, down 0.68 points compared to March 12.

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