Recommendations on development of settlements in national currencies in EEU approved

YEREVAN, August 26. /ARKA/. The Eurasian Intergovernmental Council approved August 25 at a meeting in Cholpan-Ata, Kyrgyzstan, a set of recommendations on expansion of the use of national currencies of the EEU member states in mutual trade, TASS reported citing the press service of the Russian Ministry of Economic Development.

“One of the central issues on the agenda was the expansion of the use of national currencies of the Eurasian Economic Union member states in the mutual trade settlements. The participants of the meeting approved a document with relevant recommendations,” the Russian Ministry of Economic Development said.

The Ministry clarified that the EEU countries agreed that the implementation of such plans requires ensuring the functioning of the financial system of the EEU market and development of independent payment infrastructure.

The parties also stressed the importance of “ensuring the interaction of payment card systems of the EEU countries” so that bankcards issued in the territory of the union would be mutually accepted in the EEU member states. -0-

spot_img

POPULAR

ARKA News Agency releases “Credit Organizations of Armenia” bulletin for Q3 2026

The ARKA news agency has released the latest issue of its quarterly financial and economic bulletin, "Credit Organizations of Armenia (Key Performance Indicators)," covering the third quarter of 2026.

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

Market capitalization in October amounted to 380.4 billion drams – Armenia Securities Exchange

Equity market capitalization in October 2026 amounted to approximately 380.4 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

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

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on November 9, 2026, increased by 0.09 points compared to November 6, reaching 360.34 drams.

LATEST NEWS

spot_imgspot_imgspot_img