The average market exchange rate of the US dollar to the Armenian dram on 23 October 2024 made AMD 387.67, having increased by 0.46 points compared to 22 October.
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Archive for October 23rd, 2024
Euro down 1.40 points to AMD 417.83
Wednesday, October 23rd, 2024Armenian commercial banks’ loans and deposits grew in August, mainly due to dram funds – WB
Wednesday, October 23rd, 2024In August, commercial bank deposits and loans increased 0.3 percent (mom) and 3 percent (mom), respectively, primarily fueled by AMD denominated funds. Compared with 2023, exchange rate adjusted deposits increased by 9.9 percent (yoy) in August, whereas credits grew by 19.9 percent (yoy).
Armenia's international reserves fall in September, leading to lowest import cover in a decade
Wednesday, October 23rd, 2024Armenia’s international reserves fell slightly in September by $39 million, bringing import coverage to 2.3 months, the lowest in a decade, according to the World Bank’s ‘’Armenia Monthly Economic Update – October 2024’’.
Goris school students to study French in modernized classroom
Wednesday, October 23rd, 2024At school No. 2 in Goris, children are studying French in a technically re-equipped classroom, the press service of Akba Bank reports.
