Mon, 19 May
17.4 C
Yerevan
USD: 386.20 RUB: 4.80 EUR: 435.48 GEL: 141.00 GBP: 516.97
spot_img

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–

spot_img

POPULAR

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Central Bank of Armenia leaves countercyclical capital buffer unchanged at 1.75% level

The Central Bank of Armenia has decided to maintain the countercyclical capital buffer at 1.75%. This decision was made following an assessment of the macro-financial landscape and trends within the credit market.

Armenia Enters Top 10 Countries in the World with Lowest Inflation in 2024 – IMF

Armenia was among the top 10 countries in the world with the lowest annual inflation in 2024. Such data is provided in an IMF study on 156 countries.

Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects

YEREVAN, May 15. /ARKA/. Converse Bank and the European...

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

LATEST NEWS

spot_imgspot_imgspot_img