Thu, 14 August
20.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

HayPost and Russian post sign agreement to implement fast money remittances via Forsage system

YEREVAN, December 15th. / ARKA /. Armenia’s national postal operator HayPost and Russian Post    have signed an agreement to implement express money transfers between the two countries by using Forsage system.

Under the agreement, HayPost and Russian Post will connect their post offices (44,000 in Russia and 900 in Armenia) through the “Forsage” system, HayPost said in a press release.

The citizens in both countries can use this new system to send and receive money transfers fast and at very competitive rates from any post office in Russia to any post in Armenia and vice versa, including those in the most remote rural areas.

The new system is scheduled to come online in the first quarter of 2015.

As part of the agreement, HayPost and Russian Post have agreed to develop e-commerce between the two countries.-0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Average settlement rate of dram to dollar in July was 1% lower than a year ago

In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank unveils amendments to law On Combating Money Laundering and Terrorist Financing

On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img