Euro exchange rate down 2.35 points to AMD 409.45

Exchange market

YEREVAN, February 10. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on February 10, 2025, totaled 396.41 drams, down 0.35 points compared to February 7.

The euro rate fell by 2.35 points to AMD 409.45, while the Russian ruble fell by 0.0078 points to AMD 4.0918, the Central Bank’s website reports. 

spot_img

POPULAR

Announces

State Revenue Committee of Armenia warned of a ban on export of cash rubles from Russia to Armenia and several other countries

The State Revenue Committee of Armenia reminded about the ban imposed by Russia on the export of cash rubles to Armenia and several other countries.
Announces

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.
Banks

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.
Economy

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.
Announces

Nearly $2 billion in new biodiversity funding announced at COP17 in Yerevan — UN

At the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), which concluded in Yerevan, nearly $2 billion in new funding for biodiversity conservation was announced, according to a final press release from the Convention Secretariat published on October 31.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
EDB expects Central Bank of Armenia to end refinancing rate cuts  in the first half of the year
EDB expects Central Bank of Armenia to end refinancing rate cuts  in the first half of the year
Next article
ARKA News Agency unveils updated Arkatelecom.am website
ARKA News Agency unveils updated Arkatelecom.am website