Sat, 23 August
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian dram strengthened against dollar by 3% since the beginning of 2025 – WB review

YEREVAN, July 28. /ARKA/. Since the beginning of 2025, the Armenian dram has strengthened against the US dollar by 3%, according to the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.

“At the same time, during June, the dram slightly devalued against the US currency, while remaining stronger than in June 2024. On a monthly basis, the dram weakened by 0.1% against the US dollar and by 3.7% m/m against the euro,” the WB study says.

The Central Bank of Armenia’s settlement rates as of January 3, 2025 were – $1 – 396.9 drams, €1 – 408.17 drams, and as of June 30, respectively: $1 – 384.47 drams, €1 – 450.83 drams.

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro down 0.91 points to AMD 448.43

The average market exchange rate of the US dollar to the Armenian dram as of August 14, 2025, fell by 0.06 points when compared to August 13 and amounted to AMD 383.5.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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

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

LATEST NEWS

spot_imgspot_imgspot_img