Euro down 0.52 points to 410.46 drams

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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IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

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

YEREVAN, August 11. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market increased by 0.19 points on August 11, 2026, compared to August 10, to 366.07 drams.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

A Major Business, Built with Own Hands: Royal Mattresses (VIDEO)

YEREVAN, August 14. /ARKA/. Approximately two decades ago, Aram Mnatsakanyan embarked on his journey as an entrepreneur by crafting high-quality mattresses.

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