The average market exchange rate of the US dollar to the Armenian dram at the end of November 29, 2024, made AMD 394.64, having increased by 1.67 points compared to November 28.

The average market exchange rate of the US dollar to the Armenian dram on 28 November 2024 was AMD 392.97, up by 1.34 points compared to 27 November.

OVIO announced the completion of its rebranding and summarized the results of the process. Shortly after the rebranding began, the company transformed all 26 sales and service centers, aligning them with modern and innovative standards to ensure maximum service convenience.

Acba Bank Mastercard cardholders have the opportunity to purchase a plane ticket by December 25 and receive a one-time cashback of up to 20%, with a maximum limit of 20,000 Armenian drams.

The average market exchange rate of the US dollar to the Armenian dram as of November 27, 2024, stood at 391.63 drams, having increased by 0.75 points compared to November 26.

VTB Bank (Armenia) has lowered interest rates on loans for small businesses to 3% per annum for the first 90 days.

The European Bank for Reconstruction and Development (EBRD), with support from the EU will launch Capital Markets Support Program to boost the local capital markets and create alternative financing solutions for the local SMEs, EBRD Managing Director for Turkey and the Caucasus Elisabetta Falcetti said.  

ART-FISH company has been supplying the market with fresh, high-quality fish and caviar for 17 years. It started its production with sturgeon, and now offers a variety of trout species.

During his official visit to Armenia, Polish President Andrzej Duda visited the Armenian Stock Exchange (AMX) and the Central Depository on Tuesday. The Armenian Stock Exchange is part of the Warsaw Stock Exchange (GPW) group, the exchange’s press service reported.

Armenia’s financial sector is quite well capitalized, and one of the potential risks is the high growth of lending, said the IMF Resident Representative in Armenia, Umang Rawat, presenting the report “Caucasus and Central Asia: Economic Outlook and Policy Challenges.”