Sat, 16 August
22.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Introduction of single currency for EEU possible in long -term perspective- expert

YEREVAN, September 3. / ARKA /. Rinat Galitdinov, deputy head of a unit at the Eurasian Economic Union, believes that introduction of a single currency for the Russia-led trade union is possible in the long run perspective.

In an interview with Armenian daily ‘Zhamanak” (Time) he said there were no specific agreements between the member states of the union yet on the introduction of a single currency, but that experts were already working on it.

According to Galitdinov, in a few years the experts will be able to decide whether the union does need a single currency and how that instrument would work.

“Given the fact that the Eurasian Economic Union is a relatively new structure, it is still too early to talk about a single currency for it,’ he said. -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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

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. 

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img