Euro, US dollar drop against Armenian dram, as ruble ups slightly

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

IDBank has signed a memorandum of cooperation with Yerevan State University.