Commemorative coins issued dedicated to Armenia's dram anniversary
The Central Bank of Armenia has put into circulation a series of commemorative coins of 10, 20, 50, 100, 200 and 500 dram dedicated to …
dram
Who suffer Armenian dram's rise
Armenia’s currency continues to get stronger against the dollar
Armenia to go cash-free
According to Eurasianet, starting in July, all major transactions will have to be made electronically. But some are skeptical of how it will all work. Most major …
Why Armenian currency rises
The dram has gained about 15 percent against the dollar in recent weeks, bolstered by an influx of Russians to Armenia and a move to buy gas in rubles rather than dollars
Russian-Armenian trade to be dedollarized
Armenia and Russia are working on plans to conduct trade in their own currencies, rather than dollars, to mitigate the effects of international sanctions against Russia
Armenia offers Russia to use dram for trading
Armenia's Ministry of Economy and the Central Bank are negotiating with Russian partners to use the Armenian currency - dram - in operations of export of Armenian goods, Armenian Economy Minister Vahan Kerobyan told lawmakers in the …
Devaluation of dram causes increase in bread price - media
Bread prices went up in Armenia again driven up by the devaluation of the Armenian national currency, the Zhamanak newspaper reported. According to the newspaper, the flour price is driven up by the devaluation of the …
Dollar gains value in Armenia
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 484.37/$1 in Armenia on Tuesday; this is up by AMD 0.62 from the previous business day in the country, according to the Central Bank of Armenia official …
Why is Armenian foreign debt growing?
The ruling regime, which relies on the power of monopolists, is not interested in free economic competition
Does a strong Armenian dram guarantee social stability?
The seemingly favorable situation would lead to a real weakening of the dram, reduction of exports, and an increase of capital outflow from Armenia
External and internal factors of Armenian dram’s devaluation
Even a gradual depreciation of the Armenian dram can cause panic, and another round of tension between society and the authorities
Armenian media review (August 26 - September 2)
Why are Armenian food prices higher than European ones, and the situation on the currency market
Armenia endangered by fall of the ruble
The territory of the former Soviet Union and Asian countries may suffer the most because of the problems of the Russian ruble and the depreciation of the Chinese yuan, Bloomberg says. "While Azerbaijan and Georgia have …
