Euro jumps 3.4 points to AMD 413.36

Exchange market

YEREVAN, February 5. /ARKA/. The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

The euro rate jumped by 3.4 points to AMD 413.36, while the Russian ruble increased by 0.0425 points to AMD 4.0404, the Central Bank’s website reports. -0-

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Announces

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

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Capital market

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

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Capital market

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

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Announces

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

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Banks

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

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