USD purchasing/selling in Armenia’s currency exchange offices downed 38.9% to $52.2 mln in Jan

YEREVAN, March 22. /ARKA/. USD purchasing/selling in currency exchange offices of Armenia dropped by 38.9% to $52.2 million in January compared to December, Central Bank of Armenia said in its monthly news report for January.

An average weighted exchange rate for USD purchasing was 405.24 drams (0.29 p.p. up in a month), and for USD selling—406.68 drams (0.17 p.p. up).

Russian ruble trading stood at 908.5 million rubles in January, which was 34.7% lower from a month earlier. An average weighted exchange rate for RUB purchasing was 13.18 drams (0.23 p.p. up in a month), and for selling—13.21 drams (0.22 p.p. up).

According to the source, euro transactions totaled €5.2 million in January versus €8.7 million in December.

Average weighted exchange rate for EUR purchasing was 537.09 drams (1.69 p.p. down), and for selling—539.90 (8.79 p.p. up).—0-

spot_img

POPULAR

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Tokenization among the priorities of the Central Bank of Armenia’s digital asset strategy

Martin Galstyan, Governor of the Central Bank of Armenia, responded to a question from the ARKA news agency about whether the regulator is considering drafting a law on tokenization.

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

LATEST NEWS

spot_imgspot_imgspot_img