Dollar Slips 0.88% against Armenian Dram

Insurance market of Armenia is in embryonic state

The Law on Crypto Assets is the main law that will kick-start the regulation of this area in Armenia, said Deputy Chairman of the Central Bank Armen Nurbekyan, presenting the draft law and a package of related laws at an extraordinary meeting of the parliamentary committee on financial, credit and budgetary issues.

VTB (Armenia) is seeing growing interest in installment loans, offering customers favorable terms for purchases at more than 1,000 partner retail locations across the country.

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 13, 2025, fell by 0.25 points compared to June 12 and amounted to 383.23 drams.

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.