YEREVAN, October 22. /ARКА/. In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank’s Armenia Monthly Economic Update – October 2025.
. However, the AMD depreciated against the EUR (4.4 percent, yoy) and the RUB (9 percent, yoy). In August, the Real Effective Exchange Rate (REER) depreciated 2.2 percent (yoy).
Gross reserves grew to USD 4.2 billion, equivalent to 4 months of import cover.
According to Armstat, in September 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 382.8 drams, which was 1.2% lower than the same indicator in September 2024 (387.4 drams).-0-
