Gyumri Hosts Exhibition About Armenian Currency And Money Turnover

YEREVAN, October 12, /ARKA/. Armenia’s Central Bank has opened an exhibition in Armenia’s second largest town of Gyumri dedicated to Armenia’s national currency and money turnover’s history. A pres release by the bank said the exhibition will run through October 21.

The opening ceremony was attended Ashot Mkrtchian, a Central Bank board member, who said the goal is to give residents of the town an opportunity to learn about Armenia’s national currency, the dram, the history of money turnover and the performance of the Central Bank.

The press release said local authorities have promised to organize visits of school students to the exhibition. Similar exhibitions were already held in several Armenian regions and in Nagorno-Karabakh. -0-

spot_img

POPULAR

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Armenia Seeks to Extend Cashback Program for Pensioners Through 2029

Armenia plans to extend a program offering a 20% cashback to pensioners on non-cash purchases made with bank cards until the end of 2029, according to the Ministry of Labor and Social Affairs of the Republic of Armenia.

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.

Aggregate assets of Armenian banks grew by 20.82% to 14.46 trillion drams by the end of September 2026

As of September 30, 2026, the aggregate assets of Armenian banks reached 14.46 trillion drams, an increase of 20.82% compared to September 30, 2025, according to an operational bulletin from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img