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

Exchange market

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.
Announces

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.
Announces

Armenia’s banking system is capitalized significantly above regulatory requirement: Central Bank Governor

Armenia's banking system is adequately capitalized and has sufficient liquidity buffers, stated Central Bank Governor Martin Galstyan.
Crypto

Dram-pegged stablecoins will significantly reduce cross-border payment costs – Galstyan

Stablecoins pegged to the Armenian dram will allow the population to make domestic payments and significantly reduce cross-border payment costs, stated Martin Galstyan, head of the Central Bank of Armenia, in response to a question from ARKA news agency.
Announces

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

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