All news related to CURRENCY

This is not disaster – Armenian economy minister comments on national currency devaluation

15.12.2020 17:02

This is not disaster – Armenian economy minister comments on national currency devaluation

YEREVAN, December 15. /ARKA/. Armenian Economy Minister Vahan Kerobyan, in an interview with Azatutyun Radio, suggested not to consider the devaluation of the dram as a catastrophe, but instead to take into account things in neighboring countries.

“This is not a disaster. Have you seen what is going on in our neighbors or in countries that are in the same economic zone with us? Despite the fact that we were at war, the dram was devalued less than (national currency) of Russia or Kazakhstan, which did not participate in the war," he said in his televised interview.

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Armenia's hard currency reserves drop to $2.449.2 billion, central bank says

24.11.2020 22:27

Armenia's hard currency reserves drop to $2.449.2 billion, central bank says

At the end of the third quarter of 2020, Armenia’s hard currency reserves stood at $2.449.2 billion, down from $2.648.2 billion at the beginning of the quarter, the Central Bank said in a report

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Armenia's central bank planning operations in the country's currency market in order to ensure normal functioning of financial markets - EXCLUSIVE

24.11.2020 14:43

Armenia's central bank planning operations in the country's currency market in order to ensure normal functioning of financial markets - EXCLUSIVE

The Central Bank of Armenia plans to conduct operations in the country’s currency market in order to ensure the normal functioning of financial markets, Harutyun Berberian, spokesman for the Central Bank of Armenia, told ARKA News Agency on Tuesday

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Armenian premier reports about first in central bank's first currency purchase at forex market

24.01.2020 16:30

Armenian premier reports about first in central bank's first currency purchase at forex market

The Central Bank of Armenia has bought USD 5 million at the forex market, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page

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Germany’s ambassador describes Armenian currency as stable

31.10.2018 18:03

Germany’s ambassador describes Armenian currency as stable

Germany’s Ambassador to Armenia Mathias Kiesler praised today Armenia’s national currency, the dram, describing it as a stable currency, when speaking at an event marking the World Savings Day

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EEU able to create single settlement currency

07.09.2018 09:13

EEU able to create single settlement currency

The Eurasian Economic Union (EEU) is in a position now to create a regional settlement currency, including a blockchain-based currency, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday

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Armenian citizens to be allowed to choose currency for repaying loans

25.10.2017 16:17

Armenian citizens to be allowed to choose currency for repaying loans

The Armenian National Assembly passed Wednesday at the second and final reading amendments to the law on residential mortgage lending

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Armenian banks bought $95.8 million at local interbank forex market

13.02.2017 17:16

Armenian banks bought $95.8 million at local interbank forex market

Armenian banks bought a total of $95.8 million at the local inter-bank forex market in a time span from February 6 to February 10 at the weighted average exchange rate of 485.72 drams per one USD, the Central Bank reported today

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Around $90.6 million bought by Armenian banks last week

19.12.2016 16:59

Around $90.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $90.6 million from the local foreign currency market on December 12 to 16 at the average weighted exchange rate of 483.77 drams per one USD, the Central Bank of Armenia reported on Monday

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Around $66.6 million bought by Armenian banks last week

12.12.2016 16:48

Around $66.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $66.6 million from the local foreign currency market on December 5 to 9 at the average weighted exchange rate of 481.34 drams per one USD, the Central Bank of Armenia reported on Monday

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