Sat, 4 October
24.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Since its relaunch in 2024, 41 transactions worth over 5.7 billion drams completed on AMX currency platform

YEREVAN, March 21. /ARKA/. Since its relaunch in 2024, 41 transactions worth over 5.7 billion drams have been completed on the forex platform of the Armenia Stock Exchange (AMX), according to the annual report of the Armenia Stock Exchange.

On May 2, 2024, the Armenia Stock Exchange relaunched the forex

platform, where the last transaction had been carried out back in 2016.

On June 13, for the first time after a nearly 10-year break, a currency  conversion worth $1.1 million was made on the platform.

The platform makes the value of the dram against foreign currencies more visible and market-based. Transactions on the platform are carried out exclusively by preliminary deposit and anonymously, which ensures currency risk management. -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img