Average settlement rate of dram to dollar in July was 1% lower than a year ago

YEREVAN, August 6. /ARKA/. In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than in June 2024 (388.1 drams), the National Statistical Committee reported.

In July 2025, compared to June of the same year, a decrease in consumer prices by 0.8% was recorded in the republic, and the settlement rate of the Armenian dram against the US dollar remained unchanged during this period.

In July of this year, compared to December last year, an increase in consumer prices by 0.6% was accompanied by a decrease in the settlement rate of the Armenian dram against the US dollar by 3.1%.

In the same period last year, the level of consumer prices and the exchange rate of the Armenian dram against the US dollar decreased by 1.3% and 4.1%, respectively.-0-

spot_img

POPULAR

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

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.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

Central Bank of Armenia views stablecoins as a strategic priority

The Central Bank of Armenia considers it important to address the challenges faced by real people and businesses, and it is through this lens that it views stablecoins as a strategic priority, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

LATEST NEWS

spot_imgspot_imgspot_img