Euro exchange rate rises by 0.81 points to AMD 413.89

Banks

YEREVAN, 17 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 17 December 2024 was AMD 394.59, up 0.77 points compared to 16 December.

The euro rate rose by 0.81 points to AMD 413.89 and the Russian ruble rate by  0.05 points to AMD 3.83, the Central Bank’s website reported.  -0-

spot_img

POPULAR

Announces

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.
Banks

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.
Banks

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.
Economy

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."
Exchange market

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
IFC acquires $13.5M in Team Telecom Armenia bonds
IFC acquires $13.5M in Team Telecom Armenia bonds
Next article
Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board
Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board