Mellat Bank

The National Assembly of Armenia has ratified today a $40 million loan agreement between the government and the International Bank for Reconstruction and Development (IBRD, a World Bank division).

The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

Armenian Prime Minister Nikol Pashinyan chaired a meeting to discuss a draft law designed to regulate the field of crypto-assets.

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

The average market exchange rate of the US dollar to the Armenian dram on January 16, 2025, amounted to 398.1 drams, having increased by 0.01 points compared to January 15.

Today, the Armenian government extended by six months the state program of subsidizing interest rates on loans issued to farms for the purchase of grapes.

The production of the Armenian water brand "Shoonch" began about two years ago. In developing the brand name and bottle design, the founders of Shoonch studied global market trends, creating a product that is poised to establish its presence in the international market.

The average market exchange rate of the US dollar to the Armenian dram made AMD 397.78 on January 14, 2025, having increased by 0.56 points compared to January 13.

Armenia's state debt as of the end of September 2024 stood at $12.5 billion, exceeding the previous year's figure by 5.5%, Armenian Finance Minister Vahe Hovhannisyan said.