Mher Abrahamyan elected head of Union of Banks of Armenia

YEREVAN, October 4. /ARKA/. Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia.

He has replaced Artak Hanesyan, the CEO of Ameriabank CJSC, who headed the organization in 2018 and 2019. -0-

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Euro rose 3.82 points against the Armenian dram, while the dollar fell – Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 24, 2026, fell 0.06 points compared to March 23, to 377.32 drams.

Acba Leasing’s special offer: 5% down payment for purchasing an electric vehicle

Acba Leasing, the undisputed leader in the Armenian leasing market, is presenting a special offer on the purchase of electric vehicles at TOON EXPO 2026, together with its partner ROEL Automotive Group, according to the Acba Bank press service.

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 25, 2026, fell by 0.12 points compared to March 24, to 377.2 drams.

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

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