Euro down 0.52 points to 410.46 drams

Banks

YEREVAN, December 20. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram as of December 20, 2024, was 395.05 drams, up 0.14 points compared to December 19.

The euro rate fell by 0.52 points to 410.46 drams, while the ruble rate rose by 0.02 points to 3.85 drams, the Central Bank website reports. -0-

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Announces

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.
Exchange market

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).
Loans

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.
Announces

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."
Announces

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

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