Russia’s Medvedev instructs to get banks connected to state payment system by November 6

YEREVAN, August 9. /ARKA/. Russian premier Dmitry Medvedev instructed the central bank, the country’s ministry of finance and the treasury to ensure all Russian banks are connected to the state information system of state and municipal payments before November 6, 2013, the government press office reported.

The cabinet also recommended using supervision measures toward banks if required, RIA Novosti reports.

In late May dozens of law-obeying citizens found themselves in the list of nonpayers of penalties against traffic rule breaches. As a result, number of application doubled at the traffic police website. The incident was caused by failure of the payment and information system – data about transfers did not reach the federal treasury and the traffic police.

Wednesday the central bank recommended its branch offices ensuring proper delivery of the respective information about payments by the banks.–0–

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Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

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