Thu, 26 February
14.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Calculations in national currencies in deals among Eurasian Economic Union member countries increased to 70%

YEREVAN, November 27. /ARKA/. The share of calculations in national currencies in deals among the Eurasian Economic Union member countries reached 70% in the first half of this year, vestifinance.ru reports.

Sergei Prikhodko, first deputy chief of staff of the presidential administration of Russia, says this share is dominated by trade with Russia in Russian rubles.

“Further growth of this indicator will be fueled by particular factors, such as insuring macroeconomic and financial stability, creating common financial market and harmonizing the legal regulation in financial area,” Prikhodko told journalists.

He said that no negotiations are being held at the moment to increase the number of the Eurasian Economic Union member countries.

In his words, the union’s key aim now is to deepen and strengthen integration.

“The expansion of the Eurasian Economic Union has never been end in itself to the states which participate in the integration alliance,” Prikhodko said. “Its objectives are quite pragmatic – we are oriented to the practical benefits our countries will receive from the deepening of economic integration,” he is quoted by TASS.

He said he meant growth of trade, improvement of its structure, removal of obstacles on the way of movement of capital, services and human resources and the strengthening of social and economic stability on the region. -0—

spot_img

POPULAR

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

LATEST NEWS

spot_imgspot_imgspot_img