The national currency of the Republic of Armenia, the dram, is one of the symbols of independent statehood. The dram was put into circulation on November 22, 1993
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Archive for August, 2023
Armenian Central Bank puts “30 Years of National Currency” silver collector coin into circulation
Wednesday, August 23rd, 2023Acba Bank and NABU sum up results of "Development of Organic Agriculture in 2023-2024" program’s competition
Tuesday, August 22nd, 2023The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have summed up the results of a competition announced as part of a jointly implemented “Development of Organic Agriculture in 2023-2024” program
Deadline for bidding for EDB debut bond issue up to $30 mln with listing on Armenian Securities Exchange is August 31, 2023
Tuesday, August 22nd, 2023The Eurasian Development Bank (EDB) is floating a debut bond issue on the Armenia Securities Exchange (AMX), and the bidding is taking place through Ardshinbank between 15 and 31 August 2023
EDB: nominal exchange rate of Armenian currency against USD will be near AMD 397 by yearend
Wednesday, August 16th, 2023According to the base scenario forecast of the Eurasian Development Bank (EDB), the nominal exchange rate of the Armenian currency against the USD will be close to AMD 397 at the end of 2023
Annual price growth in Armenia will stay close to zero in Q3 - EDB
Wednesday, August 16th, 2023During the third quarter of 2023, annual price growth in Armenia will be close to zero and will remain below the Central Bank’s target of 4±1.5% during the rest of the year, according to the latest Macroeconomic Review of the Eurasian Development Bank
Armenia works on bringing Pay Pal to the country- Deputy Minister
Tuesday, August 15th, 2023Armenia is working on bringing Pay Pal to the country, Deputy Minister of Economy Narek Teryan said on Monday
Yerevan Municipality wants to issue AMD 5 billion worth bonds
Monday, August 14th, 2023The Yerevan Municipality is considering possibilities for issuance of its own bonds. Arman Jangiryan, deputy head of Yerevan Municipality’s Accounting and Revenue Collection Department, said at a working meeting today
Support for AMX by a strong European player is a positive factor, but you need to be patient - Freedom Holding
Monday, August 14th, 2023The deal that involves a strong European player is a positive factor, ‘Igor Klyushnev, supervising manager for Armenia, said in an interview with ARKA news agency when asked to comment on acquisition of the majority stake in Armenia’s Secyurity Exchange 9AMX) by the Warsaw Stock Exchange
Freedom Broker Armenia will help Armenian securities exchange accelerate compliance with European standards
Monday, August 14th, 2023Freedom Broker Armenia aims to contribute to accelerating the processes of Armenia’s stock market’s integration and compliance with European standards, Igor Klyushnev, supervising manager for Armenia, said in an interview with ARKA news agency
Freedom Broker Armenia intends to become key player in Armenia's stock market - co-founder of Freedom Holding
Monday, August 14th, 2023Freedom Broker Armenia is going to become a key player in Armenia’s stock market in the medium term, Freedom Holding co-founder and supervising manager for Armenia Igor Klyushnev said
