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

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

LATEST NEWS

spot_imgspot_imgspot_img