Euro down 1.77 points to AMD 413.87

Banks

YEREVAN, 11 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram at the end of December 11, 2024, was AMD 394.35, down 0.52 points compared to December 10.

The euro exchange rate dropped by 1.77 points to AMD 413.87, while the Russian ruble exchange rate fell by AMD 0.13 to AMD 3.8, the Central Bank’s website reported.  -0-

spot_img

POPULAR

Economy

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.
Banks

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.
Exchange market

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.
Banks

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
From idea to big Armenian furniture business: Roots Furniture
Next article
Converse Bank and IFC join forces to support the growth of SMEs in Armenia