Dollarization in Armenia is at a historically low level – Central Bank

YEREVAN, December 11. /ARKA/. In the past few months, Armenia has seen its dollarization level fall to a record low, as reported by the Central Bank.

“Specifically, in October 2025, the dollarization level, which is calculated by the proportion of resident dollar deposits to total resident deposits, reached 34.2%,” states a post on the regulator’s Facebook page.

This figure is highlighted as a significant measure of public trust in the Armenian dram and the overall stability of the financial system.

Data from the Central Bank’s website indicates that the dollarization level has been on a consistent decline since March 2023, when it was at 43.7%.

As per the regulator’s statistics from October 31, 2025, within a total deposit structure of 7.01 trillion drams, 5.53 trillion drams were classified as resident deposits, which include 3.63 trillion drams in dram deposits and 1.89 trillion drams in foreign currency deposits. ($1 = 381.82 drams).-0-

spot_img

POPULAR

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

“A friend” needs money urgently. IDBank warns that trust can be exploited on social media

In Armenia, the fraud scheme based on trust in relatives continues to remain widely spread. Fraudsters exploit users’ care and willingness to help those in danger.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

LATEST NEWS

spot_imgspot_imgspot_img