The average market exchange rate of the US dollar to the Armenian dram has fallen today by 0.27 points from July 31 to 387.83 drams, the central bank reported.
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Archive for August 1st, 2024
Euro to Armenian dram rate fell by 2.19 points to AMD 418.24
Thursday, August 1st, 2024Armenia to receive $40m loan from IBRD for reconstruction of three substations
Thursday, August 1st, 2024Armenia will receive $40 million from the International Bank for Reconstruction and Development (IBRD, a division of the WB) for the reconstruction of three power substations.
EIB Global signs first direct loan agreement with Armenian Acba bank
Thursday, August 1st, 2024The European Investment Bank’s global arm, EIB Global, is lending Armenia-based Acba bank €55 million to expand financing for micro, small and medium-sized enterprises (MSMEs) as well as mid-caps in the country. The transaction is EIB Global’s first direct credit line to a commercial bank in Armenia.
