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

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

EBRD Bonds Worth 5 Billion AMD Listed on AMX

Bonds of the European Bank for Reconstruction and Development (EBRD) with a total nominal value of 5,000,000,000 AMD have been listed on the Armenia Securities Exchange (AMX), the AMX press service reported.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

LATEST NEWS

spot_imgspot_imgspot_img