Ministry of Economy responds to concerns about shortage of dollars for customer service

YEREVAN, March 14. /ARKA/. Over the past month, Armenian banks have bought more dollars from their customers than they have sold, the Armenian Ministry of Economy said.

According to the ministry, in recent days the public has been concerned that banks do not or will not have enough US dollars to serve their customers, given the fact that individual customers are actively converting their savings into US dollars.

“In the period from February 10 to March 11, 2022, banks bought $583.3 million from their clients, and sold $539.1 million, the difference is $44.2 million,” the Ministry of Economy’s telegram channel says. -0-

spot_img

POPULAR

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

LATEST NEWS

spot_imgspot_imgspot_img