Exchange Rate in Armenia
Armenia - Exchange Rate
Growth jumped in the first quarter, boosted by soaring household consumption on the back of rising wages and robust credit growth. Available data for the second quarter points to continued solid momentum. Economic activity grew robustly in April–May, supported by a double-digit expansion in industrial output and solid services’ sector activity, while exports returned to growth in the same period after having contracted throughout Q1. Meanwhile, on 25 June, the government passed the tax reform package. Notably, the income tax will change from a progressive system to a flat rate starting in 2020. The move should translate into a marked tax cut for higher earners and should help increase compliance. However, it is also expected to weigh on tax revenue and could worsen income inequality.Armenia - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 405.3 | 463.5 | 482.9 | 482.8 | 483.2 |
Armenia Exchange Rate Chart
Source: Central Bank of Armenia
Armenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Stock Market | 0.1 | 0.0 % | Jul 11 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
© Copyright: 2019 | Armenia Exchange Rate | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
