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Standard Chartered reaches $340 million settlement over Iran

YEREVAN, August 15. /ARKA/. Standard Chartered Plc will pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its shareholders, Reuters reports.

The deal with New York Superintendent of Financial Services Benjamin Lawsky still left the British bank facing a separate probe of Iran-linked transactions by other U.S. authorities.

The deal on Tuesday capped a week of transatlantic tension and a furor over why a state agency had upstaged the other authorities.

The resolution also averted a hearing on Wednesday at which the bank had been called to demonstrate why its license to do business in New York should not be revoked.—0–

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Armenian Central Bank unveils amendments to law On Combating Money Laundering and Terrorist Financing

On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

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