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No common currency discussions held in Customs Union: CBA board member

YEREVAN, February 25. /ARKA/. The Customs Union countries are not considering introduction of a single currency, member of the Central Bank of Armenia board Artur Stepanyan told a press conference Monday.

There were various limitations in currency policies of CU-member countries and harmonization is needed, Stepanyan said.

Russian ruble has influence on Armenian dram due to strong economic ties between the countries, and it will not increase much after joining the CU, he said.–0–

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Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

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Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

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