Exchange market

Moscow Exchange will consider launching trading in Armenian drams

16.05.2022 12:24

Moscow Exchange will consider launching trading in Armenian drams

The Moscow Exchange is planning to expand the list of traded foreign currencies by adding the Armenian drams, RBC reported quoting three sources from the financial market

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Armenian financial organizations do not carry out transactions with cryptocurrencies

13.05.2022 18:14

Armenian financial organizations do not carry out transactions with cryptocurrencies

Armenia’s financial organizations  do not use cryptocurrencies and do not service crypto assets, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA), said at a press conference on Friday

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Armenia and Russia negotiating export settlements in Armenian drams

23.03.2022 16:35

Armenia and Russia negotiating export settlements in Armenian drams

Armenia’s Ministry of Economy and Central Bank are negotiating now with Russian partners  payments in Armenian drams for Armenian exports  to Russia, Armenian Economy Minister Vahan Kerobyan said in parliament today

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VTB Bank (Armenia) raises interests on savings accounts in Armenian drams

10.03.2022 17:20

VTB Bank (Armenia) raises interests on savings accounts  in Armenian drams

VTB Bank (Armenia) announced today a rise in the interest rates on individuals’ savings accounts ‘Favorable’ and ‘Progressive’ deposited in Armenian drams

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VTB (Armenia) customers can get business credit cards

22.02.2022 23:24

VTB (Armenia) customers can get business credit cards

YEREVAN, February 22. /ARKA/.  Companies and individual entrepreneurs may apply to VTB Bank (Armenia) for Visa and MasterCard business credit cards with a credit limit of up to 10 million drams.

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Armenian PM calls for increasing share of national currencies in settlement of transactions within EEU

10.12.2021 15:25

Armenian PM calls for increasing share of national currencies in settlement of transactions within EEU

YEREVAN, December 10. /ARKA/. Speaking at a meeting of the Supreme Eurasian Economic Council today via videoconference Armenian Prime Minister Nikol Pashinyan said EEU member states should realize the strategic goal of increasing the share of national currencies in the settlements of trade transactions among EEU member states.

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Money transfers to Armenia grow by 23.2% to $1.340 billion

05.11.2021 18:52

Money transfers to Armenia grow by 23.2% to $1.340 billion

Private money transfers sent to Armenia in the first nine months of 2021 through banks increased by about $252 million year-on-year or 23.2% to $1.340 billion, according to the Union of Banks of Armenia (UBA)

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Attacks of cryptominers against users in Armenia drop to 0.73% in second quarter of 2021

23.09.2021 14:09

Attacks of cryptominers against users in Armenia drop to 0.73% in second quarter of 2021

In the second quarter of 2021, some 0.73% of users’ computers in Armenia were attacked by hidden cryptominers, 0.38% in Georgia and 1.21% in Azerbaijan. In terms of such attacks Azerbaijan ranked 9th in the world

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Armenia has lowest gold and forex reserves among EEU member stats

20.07.2021 17:33

Armenia has lowest gold and forex reserves among EEU member stats

At the beginning of 2021 Armenia’s gold and foreign exchange reserves were the lowest among members of the Eurasian Economic Union (EEU, Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan), according to the Eurasian Development Bank’s report on Uzbekistan’s integration with the EEU

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Armenian NSS arrests two citizens suspected of selling counterfeit US dollars

15.06.2021 13:59

Armenian NSS arrests two citizens suspected of selling counterfeit US dollars

Armenia’s National Security Service (NSS) said it has arrested two men who are suspected of selling counterfeit U.S. dollars

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