No conditions to discuss EEU currency yet – Valovaya

YEREVAN, December 8. /ARKA/. No conditions exist yet to discuss common Eurasian Economic Union currency, member of the board on key integration directions and macroeconomics of the Eurasian Economic Commission Tatyana Valovaya told journalists on Friday.

It is more important now to discuss coordinated efforts in the financial markets to create a common EEU financial market by 2025, Valovaya said.

She also said the member-countries are studying the respective European experience “not to repeat mistakes”.

On December 4, Armenia’s parliament ratified the agreement about joining the EEU.

The agreement was signed on October 10 and will come into effect on January 1, 2015. –0–

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

LATEST NEWS

spot_imgspot_imgspot_img