Tue, 2 December
5.1 C
Yerevan
USD: 381.19 RUB: 4.89 EUR: 443.21 GEL: 141.23 GBP: 504.16

News

Euro and ruble rise against Armenian dram, while US dollar weakens.

The average market exchange rate for the US dollar against the Armenian dram on December 1, 2025, fell by 0.24 points compared to November 28, to 381.19 drams.

EDB forecasts continued high economic growth in Armenia until the end of 2025

According to the EDB, Armenia's economic growth rate will remain high until the end of 2025.

Visit Disneyland Paris: An Opportunity for Acba Bank Visa Cardholders

Acba Bank is running the "Let's Go to Disneyland Paris" promotion for Visa cardholders until February 27, 2026, the bank's press service reported.

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

The average market exchange rate for the US dollar to the Armenian dram on November 28, 2025, rose by 0.36 points compared to November 27, reaching 381.43 drams.

Armenia’s state budget for first 10 months of 2025 executed with a deficit of 229.7 billion drams – Ministry of Finance

Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.

US dollar falls against Armenian dram, as euro and ruble continue to rise

The average market exchange rate for the US dollar to the Armenian dram on November 27, 2025, fell by 0.05 points compared to November 26, to 381.07 drams.

Armenia to Receive €120.5 Million from IBRD for Tourism and Regional Infrastructure Development

At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.

Armenia to introduce cashback system for non-cash purchases

The Armenian government  plans to introduce a cashback system for non-cash purchases starting January 1, 2026.

Armenia to extend cashback scheme for pensioners for another year, Ministry of Social Affairs

Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.

Online Deposit via Byblos Mobile; No branch visit required

Byblos Bank Armenia offers customers the opportunity to open a high-yield online deposit through the Byblos Mobile application.

Inecobank, EU, and EIB sign €30 million portfolio guarantee agreement to support MSMEs

On November 25, Inecobank, the European Union, and the European Investment Bank signed a €30 million portfolio guarantee agreement in Yerevan.

Acba Bank and Proparco summarize year-long cooperation (VIDEO)

Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.

US dollar continues to decline against Armenian dram, while euro and ruble rise

The average market exchange rate for the US dollar to the Armenian dram on November 26, 2025, fell by 0.19 points compared to November 25, to 381.12 drams.

Deposits and loans of Armenian commercial banks increased by 1.1% and 2.1% in September due to dram funds – World Bank

In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent.  This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.

Armenia’s gross reserves stabilized at USD 4.3 billion in September, equivalent to 3.4 months of import cover

In October, the AMD/USD exchange rate remained stable on average compared to the previous month, Armenia Monthly Economic Update – November 2025.

WB:  food and non-alcoholic beverages were  the main driver of inflation in Armenia in October

In October, Armenia's inflation stabilized at 3.7 percent (yoy), according to the World Bank’s Armenia Monthly Economic Update – October 2025.

LATEST NEWS

spot_img
spot_img
spot_img