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  • Archive for October 29th, 2024

    Annual interest rate of 0% for buying vehicles from JAC Motors Armenia

    Tuesday, October 29th, 2024

    Acba Leasing and JAC Motors Armenia have unveiled an unprecedented offer for buying JAC pickup trucks and a wide range of commercial class vehicles with a maturity term of 3 years, actual annual interest rate of 0% and  free CASCO insurance

    Head of Armenian Central Bank explains why credit rates do not react to lowering of refinancing rate

    Tuesday, October 29th, 2024

    Having cut the refinancing rate to 7.25 per cent Armenia’s Central Bank has kept loan rates from rising significantly, the regulator’s head Martin Galstyan said today.

    Euro exchange rate decreases by 0.62 points to AMD 418.14

    Tuesday, October 29th, 2024

    The average market exchange rate of the US dollar to the Armenian dram on 29 October 2024 was AMD 387.06, down 0.07 points compared to 28 October.

    Central Bank of Armenia lowers refinancing rate for seventh time this year

    Tuesday, October 29th, 2024

    At its meeting on October 29, the Board of the Central Bank of Armenia reduced the refinancing rate by 0.25 percentage points, setting it at 7.25%.