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USD: 381.50 RUB: 4.82 EUR: 447.61 GEL: 141.31 GBP: 512.43

Exchange rates of euro, US dollar, and ruble against Armenian dram rise

YEREVAN, June 30. /ARKA/. The average market exchange rate of the US dollar against the Armenian dram as of June 30, 2025, increased by 0.15 points compared to June 27 and amounted to 384.47 drams.

The euro rose by 0.6 points to 450.83 drams, and the ruble rose by 0.01 points to 4.8983 drams, according to the Central Bank’s website. -0-

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Armenian parliament ratifies €50 million financing agreement with EIB for Syunik development program

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Armenian parliament approves $250 million loan agreement with Asian Development Bank to address housing needs of Karabakh refugees

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program. 

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

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