Euro down 1.77 points to AMD 413.87

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

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img