Central Bank of Armenia purchased $750 million in  forex market from February to June to smooth exchange rate fluctuations, according to a World Bank report

YEREVAN, September 30. /ARКА/. From February to June, the Central Bank of Armenia intervened in the foreign exchange market and purchased approximately $750 million to smooth exchange rate fluctuations. This is according to the World Bank’s “Armenia Monthly Economic Update – September 2025.”

“In August, the dram appreciated by 0.3% (MoM) and 1.3% (YoY) against the US dollar. It remained stable against the Russian ruble (MoM), but weakened by 1.7% against the euro. Since the beginning of 2025, the dram has appreciated by 3.7% against the US dollar,” the report notes.-0-

spot_img

POPULAR

Ranking of Armenia’s Largest Credit Institutions by Asset Volume in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total assets for the first quarter of 2026.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Grant Akopian has been elected to the AmCham Board

Grant Akopian, CEO and Chairman of the Management Board of Converse Bank CJSC was elected as the AmCham Board member on April 29.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

Armenia’s total public debt exceeded $14 billion as of March 2026

Armenia's total public debt as of March 31, 2026, amounted to $14,077.138 million, a decrease of $57.761 million compared to February 28, 2026. This is according to a report by the National Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img