Euro falls against Armenian dram, while US dollar and ruble rise

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.