Tue, 13 January
2.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

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

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

LATEST NEWS

spot_imgspot_imgspot_img