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-

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