Wed, 4 February
6.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

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 Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

LATEST NEWS

spot_imgspot_imgspot_img