Armenia included in the list of ‘friendly’ countries, whose banks can participate in currency trading in Russian Federation

YEREVAN, September 21. /ARKA/. Armenia has been included in the list of countries, whose banks and brokers are allowed to trade in the Russian currency and derivatives markets.

The list of more than 30 ‘friendly’ and ‘neutral’ countries approved by the Russian government is published on its website.

According to Russian news agency Tass, in addition to Armenia, the list includes Azerbaijan, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bangladesh, Bahrain, Brazil, China, Cuba, Egypt, India, Indonesia, Iran, Qatar, Venezuela, Vietnam, India, Iran, Malaysia, Mongolia, Morocco, Oman, Pakistan, Saudi Arabia, Serbia, Thailand, Turkey, South Africa, and the United Arab Emirates.

This list was approved as part of the implementation of the new norms of the law “On Organized Trading”, adopted in July 2023. These norms are aimed at increasing the efficiency of direct conversion of national currencies of friendly and neutral countries and direct quotations to the ruble to meet the demand of the Russian economy for settlements in the national currency.–0–

spot_img

POPULAR

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

Armenian commercial banks transferred 116.2 billion drams to the state budget for January-June 2026

All 17 operating commercial banks in Armenia were included in the list of the country's 1,000 largest taxpayers for the first half of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img