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Economy
Armenian dram not expected to appreciate below 400 drams against USD - Freedom Broker Armenia
There are no objective macroeconomic reasons for the US Dollar to depreciate to below 400 Armenian drams, Hovak Hovakimyan, CEO of Freedom Broker Armenia, said in an interview with ARKA news agency.
03.10.2023, 12:17
Economy
WB: in June-July 2023 AMD remained relatively stable against USD and EUR
In June-July, the Armenian dram (AMD) remained relatively stable against the USD and the EUR, the World Bank says in its Armenia monthly economic update for August 2023.
29.08.2023, 19:15
Business
Visa tests large payments in USDC on Ethereum blockchain
Payment company Visa is seeking to build “muscle memory” around settlements, with plans to allow customers to convert digital assets to fiat currencies on its platform, according to a presentation from the company’s crypto division head at StarkWare Sessions 2023, reported Coin Telegraph.
06.02.2023, 11:59
Business
Armenian business associations ask authorities to intervene as dram's revaluation hits export and IT companies
Armenian business associations called today on the Central Bank, economy and finance ministries to take urgent action to stop further revaluation of the national currency against the U.S. dollar, warning that the strengthening of the dram causes damages to business entities.
24.06.2022, 16:56
Business
Ex- finance minister warns of backward pressure that may be triggered by devaluation of dram
Աccording to Armenia's ex-minister of finance Vardan Aramyan, one of the reasons behind the dramatic revaluation of the Armenian dram against US dollar and euro is the structural changes that have taken place in Armenia's foreign trade.
17.06.2022, 18:41
Business
Who suffers and who gains from strengthening Armenian dram- entrepreneur
The first who have been suffering from an unprecedented strengthening of the Armenian dram against USD and euro are exporters of agricultural produces, Vahram Mirakyan, the chairman of Mantashev Union of Entrepreneurs, says in a Facebook post.
10.06.2022, 14:09
ByBit Platform
Real Freedom! How BYBIT P2P allows people from different parts of the world to trade
Cryptocurrency can be bought not only directly on the exchange; BYBIT offers other alternative ways to get the coveted tokens.
17.05.2022, 10:15
Business
It's easier than it looks. How to buy cryptocurrency at BYBIT exchange
Anything that is new and unusual tends to stress people out. It's enough to remember how many lances were broken before people started using plastic cards en masse, and how many disputes there were about the safety of contactless payments through a smartphone.
10.05.2022, 11:16
Business
Eurasian Development Bank provides Ardshinbank with USD 20 million to support SMEs
The Eurasian Development Bank (EDB) has granted Ardshinbank a credit line in the amount of USD 20 million for a period of 3 years to provide financial support to the country’s small and medium-sized businesses.
07.09.2021, 19:05
Business
ACBA-CREDIT AGRICOLE BANK to place USD -and Armenian dram -denominated bonds
The Yerevan-based ACBA-CREDIT AGRICOLE BANK said today it will concurrently place USD - and Armenian dram -denominated bonds to the tune of $5 million and 700 million drams respectively.
12.07.2018, 16:39
Economy
Armenian central bank sold $122.7 million last year
The Central Bank of Armenia sold a total of $122.7 million at the local foreign exchange market, according to the monthly bulletin of the regulator for December 2016.
10.02.2017, 18:09
Business
Unibank places all 50,000 USD-denominated nominal coupon bonds
Unibank said today it has successfully placed all 50,000 USD-denominated nominal coupon bonds with the annual yield of 8%. The Yerevan-based bank announced the placement of bonds with the face value of USD100 and maturity term of 24 months on April 8.
16.06.2016, 13:20
Business
Ameriabank places USD 20 million debt securities
Ameriabank said today it has successfully placed June 10 USD 20 million debt securities with four Luxembourg-based funds via its investment manager responsAbility Investments AG.
13.06.2016, 14:57
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Popular
The National Assembly of the Republic of Armenia adopted in the second and final reading legislative amendments to the ArmenianLaws "On the Public Services Regulatory Authority" and "On Energy", allowing nationalization of Electric Networks of Armenia CJSC
Armenian parliament adopts legislative amendments allowing nationalization of Electric Networks CJSC