Tue, 11 February
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Yerevan
USD: 396.41 RUB: 4.09 EUR: 409.45 GEL: 142.69 GBP: 492.02
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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.

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in Armenian banks at the end of 2024 amounted to AMD 6.46 trillion

The amount of deposits in Armenia's commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.

Euro exchange rate rises 0.64 points to AMD 411.8

The average market exchange rate of the U.S. dollar to the Armenian dram on February 7, 2025, totalled 396.76 drams, down 0.07 points compared to February 6.

Fitch Ratings affirms ACBA Bank’s  Long-Term Foreign-Currency  Issuer Default Rating at ‘BB-‘ 

Fitch Ratings has affirmed ACBA Bank OJSC's (ACBA) Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'BB-' and its Viability Rating (VR) at 'bb-'.

Armenian banks’ lending in 2024 exceeded 6.5 trillion drams

The volume of loans issued by commercial banks in Armenia as of the end of December 2024 amounted to 6,538,702 million drams, compared to 6,016,519 million drams at the end of September, according to a report by the National Statistical Committee of the country.

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