Exchange market

Renaissance Capital believes that refinancing rate in Armenia may  be reduced to 7% in 2024 and 5% in 2025

08.02.2024 11:34

Renaissance Capital believes that refinancing rate in Armenia may  be reduced to 7% in 2024 and 5% in 2025

Renaissance Capital believes that the Central Bank of Armenia may reduce the refinancing rate to 7% in 2024 and 5% in 2025

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Unibank issues AMD and USD bonds with yields of 11% and 5% respectively

05.02.2024 18:06

Unibank issues AMD and USD bonds with yields of 11% and 5% respectively

Unibank has issued AMD and USD bonds with high coupon yields of 11% and 5% respectively, the bank’s press service said in a press release today

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Metalworking plant with unique equipment established in Armenia with the support of Acba Leasing (video)

10.01.2024 22:20

Metalworking plant with unique equipment established in Armenia with the support of Acba Leasing (video)

Eldesco Company has opened a metalworking plant in Armenia with unique equipment, capable of manufacturing structures of any complexity, as well as various metal products

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Armenian dram remained mostly stable in November, says World Bank 

20.12.2023 19:56

Armenian dram remained mostly stable in November, says World Bank 

The AMD remained mostly stable in November. As of December 4, the AMD/USD exchange rate stood at AMD 403.1, which is 1.8 percent weaker (yoy), the World Bank says in its Armenia monthly economic update – December 2023

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Central Bank of Armenia sees no need to hurry in introduction of digital dram

18.12.2023 19:10

Central Bank of Armenia sees no need to hurry in introduction of digital dram

We are not in a hurry to introduce digital drams, but certain resources will be invested in opportunities for issuing our own electronic money,” Chairman of the Central Bank of Armenia Martin Galstyan said today

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EDB forecasts slight weakening of AMD in 2024

15.12.2023 16:46

EDB forecasts slight weakening of AMD in 2024

The Eurasian Development Bank (EDB) expects that the average annual exchange rate of the US dollar in 2024 against the Armenian dram will be 414 drams

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Armenian Central Bank's initiative on crypto-assets may reach parliament in 2024

13.12.2023 15:58

Armenian Central Bank's initiative on crypto-assets may reach parliament in 2024

The Central Bank of Armenia’s initiative to develop a model for regulation and control of crypto-assets will go through stages of discussion next year before being brought to the floor in parliament,  the head of the regulator Martin Galstyan said to ARKA news agency on Tuesday

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Healing honey from white sweet clover a new crop in Armenian beekeeping (VIDEO)

30.11.2023 15:36

Healing honey from white sweet clover a new crop in Armenian beekeeping (VIDEO)

At the foot of Hatis Mountain, at an altitude of 2,300 meters above sea level there is the “Haterk Food” apiary. Next to it there is an area of 10 hectares of white sweet clover (Melilotus albus), used by the company to produce honey with unique taste characteristics

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In Armenia, people lose from $500 thousand to $1 million weekly to cyber fraudsters - expert

29.11.2023 18:47

In Armenia, people lose from $500 thousand to $1 million weekly to cyber fraudsters - expert

Armenian citizens lose from $500,000 to $1 million to online scams and fraudsters a week, information security expert Samvel Martirosyan said in an interview with Arka Business program on YouTube channel

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Central Bank of Armenia's gold and foreign exchange reserves exceed $4 bln. - governor

15.11.2023 14:22

Central Bank of Armenia's gold and foreign exchange reserves exceed $4 bln. - governor

Armenian Central Bank’s gold and foreign exchange reserves have exceeded $4 billion, the regulator’s head Martin Galstyan said today when asked whether it was possible to replenish the reserves at the moment, taking into account the possible devaluation of the Armenian dram

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