Armenia intends to attract funding from the UN Green Climate Fund for climate projects

YEREVAN, March 4. /ARKA/. Armenia plans to secure low-interest loans from the UN Green Climate Fund (GCF) to implement climate change programs. This topic was discussed on Tuesday during a meeting between RA Economy Minister Gevorg Papoyan, Chairman of the Union of Banks of Armenia Daniel Azatyan, Executive Director of ArmSwissbank Gevorg Machanyan, and his deputy Ara Makaryan.

According to the press service of the Armenian Ministry of Economy, the meeting focused on promoting the green, sustainable, and framework economy agenda in Armenia. Representatives from ArmSwissbank presented their programs aimed at contributing to the development of a green and sustainable economy in the country.

The meeting also emphasized the importance of establishing international partnerships to create new investment opportunities.

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Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

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Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

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Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

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