Armenian dram keeps enjoying high public confidence – central bank head

YEREVAN, November 22. /ARKA/. Armenia’s national currency, launched 26 year ago, continues enjoying high public confidence, Arthur Javadyan, the head of the Central bank of Armenia, said Friday in his address to bank officers on the occasion of their professional day.

Congratulating them on their professional holiday, Javadyan said that it can be placed on record that Armenia’s banking system is an accomplished institutional community, which drive proud all its employees.

In his words, the country’s banking system has been demonstrating sufficient flexibility and will keep displaying enough flexibility to overcome all world challenges connected with development of digital technologies and transformation of global markets.

Javadyan said that the system workers’ constant efforts to obtain new knowledge and skills make it possible to ensure stable development and stability to the system.

“We highly appreciate and express our deep gratitude to banking workers, whose consistent work produces visible result – this is our present accomplished banking system and our national currency, which is a symbol of our statehood,” he said, in his address.

Javadyan wished them new professional achievements and happiness. -0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

Euro and ruble exchange rates against the Armenian dram rise, dollar falls – Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market fell by 0.04 points on October 9, 2026, compared to October 8, settling at 361.93 drams.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

LATEST NEWS

spot_imgspot_imgspot_img