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

Announces

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.
Announces

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Economy

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.
Banks

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.
Banks

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

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