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

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on September 4, 2026, compared to September 3, to 363.85 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram rose after declining in previous days: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.05 points on September 3, 2026, compared to September 2, to 364.19 drams.

Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

Byblos Bank Armenia is offering preferential terms for businesses seeking financing or refinancing, including:

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

LATEST NEWS

spot_imgspot_imgspot_img