Wed, 17 September
16.1 C
Yerevan
USD: 383.12 RUB: 4.63 EUR: 452.35 GEL: 141.48 GBP: 522.04

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

Regulation of cryptocurrency assets should adopt a pragmatic approach – Chairman of  Central Bank of Armenia

Martin Galstyan, the Chairman of the Central Bank of Armenia, asserts that a pragmatic strategy is essential to mitigate risks associated with the regulation of the cryptocurrency sector.

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Stepanyans’ Gastro Yard in Areni: a family venture built from scratch

In the village of Areni, located in the Vayots Dzor region, the Stepanyan family has established a distinctive gastro yard within their ancestral home, honoring traditions while integrating modern practices.

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.

LATEST NEWS

spot_imgspot_imgspot_img