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Daily Archives: Dec 9, 2024

Total volume of transactions on AMX in the third quarter totalls 129.7 billion drams

The total amount of transactions conducted at the Armenian Stock Exchange (AMX) in the third quarter of the current year totalled 129,730.6 million dram, the data of the National Statistical Committee shows.

US dollar slashes by 5.53 points to AMD 395.78, euro – by 5.97 points to AMD 418.74

The average market exchange rate of the US dollar to the Armenian dram at the end of 9 December 2024 was AMD 395.78, having dropped by 5.97 points compared to 6 December.

Volume of insurance premiums in Armenia in Q3 made up 15.3 billion drams

The volume of insurance premiums collected in Armenia in the third quarter of the current year made up 15.3 billion drams, the report of the National Statistical Committee on ‘Activities of Armenian Insurance Companies in the Third Quarter of 2024’ says.

Converse Bank has become an official signatory of the UN Principles for Responsible Banking

Converse Bank has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI). 

Armenia lowers inflation target; EDB notes cautious policy shift

The Eurasian Development Bank (EDB) expects that the recent change in the inflation target may lead to a more cautious policy by the Central Bank in the near future.