Average exchange rate of the dram to the dollar in January was 1.7% lower than a year ago

YEREVAN, February 10. /ARKA/. In January 2025, the average exchange rate of the Armenian dram to the US dollar was 397.9 drams, which is 1.7% lower than in January 2024 (405 drams), according to a report by the National Statistical Committee of Armenia.

In January 2025, compared to December 2024, consumer prices and the exchange rate of the Armenian dram to the US dollar increased by 1.4% and 0.3%, respectively (the dram appreciated).

In the same period last year, the country saw an increase in consumer prices and the exchange rate of the Armenian dram to the US dollar by 1.2% and 0.1%, respectively.

spot_img

POPULAR

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

LATEST NEWS

spot_imgspot_imgspot_img