Today, November 4th, the Armenia Stock Exchange (AMX) and the Central Depository of Armenia signed a cooperation agreement with the Abu Dhabi Securities Exchange (ADX). Under the agreement, AMX joins the Tabadul Digital Exchange Hub, becoming the seventh exchange to join the platform.

The average market exchange rate of the US dollar to the Armenian dram as of November 4, 2024, was 387.09 drams, decreasing by 0.08 points compared to November 1.

Capital adequacy of Armenia’s banking system at the end of September 2024 was 20.3 percent, according to the banks’ IFRS reports.

. Eighteen Armenia-based commercial banks posted 18 percent rise (263 billion drams) in their total capital in the first 9 months of 2024, which rose to 1,739.4 billion drams, according to their statements, published in accordance with IFRS.

The capital’s mayor, Tigran Avinyan, announced that it will soon be possible to pay for public transport in Yerevan using bank cards.

The Armenian brokerage company Invia Investments, established last year in partnership with the Russian broker “Alor,” has started providing Russian clients with access to international trading platforms, according to two Alor employees who spoke to Frank Media (FM).

A delegation of the Armenian Central Bank led by Central Bank Deputy Governor Hovhannes Khachatryan visited China on 20-27 October.