Average settlement rate of dram to USD in August 1.3% lower than a year ago

YEREVAN, September 3. /ARKA/. In August 2025, the average settlement rate of the Armenian dram to the US dollar was 382.2 drams, reflecting a decrease of 1.3% compared to the same figure in August 2024, which was 388.1 drams, according to the National Statistical Committee.

In August 2025, there was a recorded increase in consumer prices of 0.2% compared to July of the same year, alongside a decline in the settlement rate of the Armenian dram against the US dollar by 0.2%.

When comparing August of this year to December of the previous year, consumer prices rose by 0.8%, while the settlement rate of the Armenian dram against the US dollar fell by 3.4%.

In the corresponding period last year, both the consumer price index and the exchange rate of the Armenian dram against the US dollar  experienced declines of 1.2% and 4.1%, respectively.-0-

spot_img

POPULAR

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Unibank’s Renamed “Tumanyan” Branch Opens at a New Location

Unibank’s branch, previously located in the Moscow Cinema building, has moved to a new location and has been renamed "Tumanyan."

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

AMX held government bond placement and exchange auctions totaling approximately 38 billion drams

Yesterday, the Armenia Securities Exchange held a government bond placement auction totaling 35 billion drams and exchange auctions totaling over 2.9 billion drams.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

LATEST NEWS

spot_imgspot_imgspot_img