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USD

383.74

EUR

450.05

RUB

4.9299

GEL

141.25

#DOLLAR

Economy

EDB expects annual average dollar exchange rate in Armenia to reach 394 drams

Eurasian Development Bank’s (EDB) analysts expect the annual average exchange rate of the US dollar to be 394 Armenian drams in 2023.

02.06.2023, 10:21

Economy

Armenian business associations demand that government take urgent measures because of situation in currency market

Four major business associations in Armenia have urged the government to take quick measures to stop the strengthening of the national currency, the dram, against US dollar and euro.

03.08.2022, 17:06

Economy

U.S. Treasury Secretary concerned over prospects of global economy due to strengthening dollar

U.S. Treasury Secretary Janet Yellen expressed concern over the prospects of the global economy due to the strengthening dollar, TASS reported.

29.07.2022, 11:16

Economy

Artificial devaluation of dram may trigger new wave of inflation- central bank chairman says

Artificial devaluation of the Armenian dram by the Central Bank against USD and Euro may trigger a new wave of inflation, Central Bank Chairman Martin Galstyan said today.

13.06.2022, 15:28

Business

Russian minister suggests shifting to payments in other than USD currencies

Russia and Armenia could switch to payments for trade transactions in currencies other than US dollars, Russian Foreign Minister Sergey Lavrov suggested today at a joint press conference with his Armenian counterpart Ararat Mirzoyan in Moscow.

08.04.2022, 19:27

Society

To earn one million US dollars average Armenian will need to work for 215 years

Working for decades, people often do not think about how much money they have earned cumulatively. Picodi.com analysts have calculated how many years people in different countries need to work to earn one million US dollars.

01.04.2022, 13:56

Business

Unibank offers a “Special” business loan with an interest rate of 8.5% per annum

Unibank has announced a new product for entrepreneurs. One can get a “Special” business loan in Armenian drams or US dollars for up to 60 months.

10.03.2022, 11:56

Business

Unibank offers USD-denominated coupon bonds with high yield of 4.8%

Unibank said today it has issued US dollar–denominated bonds with high annual coupon yield of 4.8% to the tune of $5 million and 36 month circulation term. According to the bank, coupon income will be paid quarterly.

02.12.2021, 14:49