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  • Archive for September 26th, 2024

    Armenian banks provide Artsakh students with tuition fee compensation in the amount of 35 million drams

    Thursday, September 26th, 2024

    All 18 banks operating in Armenia will provide financial assistance to students forcibly displaced from Nagorno-Karabakh who are currently studying at Yerevan State University, the press service of the Union of Banks of Armenia (UBA) reported.

    ADB lowers inflation forecast for Armenia to 0.8% in 2024 and to 2.5% in 2025

    Thursday, September 26th, 2024

    In its ‘’Asian Development Outlook’’ (September 2024) report, the Asian Development Bank (ADB) has revised downwards its inflation forecasts for Armenia for 2024 and 2025, taking into account the price dynamics of the first half of this year.

    Euro to Armenian dram exchange rate fell by 1.30 points to 432.20 dram

    Thursday, September 26th, 2024

    The average market exchange rate of the US dollar to the Armenian dram has dropped today by 0.05 points compared to September 25 to 387.45 drams, the Central Bank reported.

    UBPay joins IAMTN Payments Network

    Thursday, September 26th, 2024

    Armenian payment and settlement system for money transfers UBPay has become a member of the International Association of Money Transfer Networks (IAMTN), Unibank said in a press release.