Sun, 25 January
-3.9 C
Yerevan
USD: 379.07 RUB: 4.99 EUR: 444.84 GEL: 140.80 GBP: 512.73

Artsakh Finance Ministry refutes rumors about confiscation of funds from government accounts by Artsakhbank

YEREVAN, November 1. /ARKA/. Nagorno-Karabakh finance ministry has denied  today allegations spread through social networks  that Artsakhbank confiscated the funds from the government’s treasury accounts for the latter’s debts.

“We consider it necessary to note that 3.1 billion drams on the treasury accounts of the Government of the Republic of Artsakh (Nagorno-Karabakh) were fully allocated for the payment of salaries in proportion to the September wage fund (3.6 billion drams),” the Artsakh Information Center said. ($1 – AMD 403). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro, U.S. dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 19, 2026, fell by 1.1 points compared to January 16, to 378.89 drams.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

Armenian banks maintain capital and liquidity buffers, dollarization declines – Fitch

Armenian banks maintain strong capital and liquidity buffers, and profitability remains high despite the normalization of extraordinary financial inflows from Russia, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img