Euro exchange rate rises by 0.63 points to AMD 411.09

Banks

YEREVAN, 23 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 23 December 2024 made up 395.58 drams, having increased by 0.53 points compared to 20 December.

The euro exchange rate rose by 0.63 points to AMD 411.09, while the ruble exchange rate rose by 0.08 points to AMD 3.93, the Central Bank’s website reported.  -0-

spot_img

POPULAR

Economy

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.
Capital market

AI will be integrated into virtually all capital market processes in Armenia – expert

In Armenia, AI will be integrated into virtually all processes in one way or another, and where to begin depends on the specific objectives and current priorities of financial institutions, according to Arman Aleksanyan, co-founder and CEO of Eleveight AI.
Announces

In January, commercial bank deposits in Armenia decreased by 0.3%, while lending expanded by 1.1% – WB

In January 2026, commercial bank deposits in Armenia decreased by 0.3% (MoM), while loans grew by 1.1% (MoM), according to the World Bank's "Armenia Monthly Economic Update – March 2026."
Exchange market

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.
Economy

Armenia’s public debt-to-GDP ratio in 2025 was 47.3% – Finance Ministry

The public debt-to-GDP ratio by the end of 2025 is 47.3%, below the target of 50%, stated Armenian Finance Minister Vahe Hovhannisyan.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
From a small family dream to a large business: Danielyan sweets
Next article
Armenia’s central bank chief forecasts inflation around 2% by end of 2024