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-

spot_img

POPULAR

Exchange market

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 26, 2026, fell by 0.27 points compared to May 25, to 367.74 drams.
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

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.
Announces

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.
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.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Two Gyumri residents detained for using counterfeit money, one posed as woman
Next article
Net non-commercial money transfers in Armenia decreased by 38.5% in October month-on-month – WB