Household-owned deposit accounts in foreign currencies increase by 1.1 percent in October to 420.2

YEREVAN, December 10. / ARKA /. The total amount of household-owned deposits  in foreign currencies increased by 1.1 percent in late October from September to 420.2 8 billion drams, according to a statement on the official website of the Central Bank of Armenia.

It said time deposits in foreign currencies stood at 353.5 billion drams as of late October, making 85.1 percent of all deposits, rising by 2.2 percent from September.

The amount of deposits in Armenian dram saw a 2.4 percent rise from the previous month to 176.9 billion drams. The total amount of deposits kept by 21 commercial banks stood at 1.175.5 trillion drams, rising by 0.9 percent from September. ($1 – 40724 drams). -0-

spot_img

POPULAR

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

“A friend” needs money urgently. IDBank warns that trust can be exploited on social media

In Armenia, the fraud scheme based on trust in relatives continues to remain widely spread. Fraudsters exploit users’ care and willingness to help those in danger.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

LATEST NEWS

spot_imgspot_imgspot_img