Thu, 19 February
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Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Euro drops by 2.2 Points to Armenian Dram

YEREVAN, August 22. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram as of August 22, 2025, fell by 0.08 points compared to August 21 and amounted to 382.62 drams.

The euro rate fell by 2.2 points to 443.72 drams, while the ruble rate rose by 0.0335 points to 4.7389 drams, the Central Bank website reports.-0-

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Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

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