Foreign currency deposits are the most popular among the population of Armenia in September

YEREVAN, October 26. /ARKA/. Population of Armenia in September 2011 preferred to invest their available funds in foreign currency deposits, total volume of which was 312.2 billion drams by the end of September, states the data of the official site of central bank of Armenia.

Volume of foreign currency deposits of the residents in September increased by 1.1% compared to August and exceeded 35.6% of all the deposits involved by commercial banks of Armenia.

Foreign currency demand deposits were 116.2 billion drams in the reporting period, registering decline of 5.1% compared to August.

Volume of time deposits in drams was 114.6 billion drams in September, increased by 1.2% compared to August, and demand deposits – 142.3 billion drams increased by 6.5%. -0-

spot_img

POPULAR

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img