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USD: 396.42 RUB: 4.33 EUR: 412.99 GEL: 140.53 GBP: 495.29
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Daily Archives: Dec 24, 2024

Yerevan’s 2025 budget approved with 87.8 million drams deficit

The Council of Elders of the Armenian capital city Yerevan has approved today the city’s budget for 2025.  

Head of Central Bank explains reason for AMD revaluation

The currency exchange rates in Armenia are shaped by supply and demand, Chairman of the Central Bank Martin Galstyan said in an interview with Public Television of Armenia, in response to a question about the revaluation of the Armenian dram after the arrival of thousands of Russian nationals after the start of the Russian-Ukrainian war.

Euro up 0.33 points to AMD 411.42

The average market exchange rate of the US dollar to the Armenian dram at the end of December 24, 2024, was 395.75 drams, having increased by 0.17 points compared to December 23.

Armenia’s central bank chief forecasts inflation around 2% by end of 2024

The inflation rate in Armenia may reach 2% by the end of 2024, predicts the head of the Central Bank of Armenia, Martin Galstyan.