Armenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contract

 Saturday, April 25 2026 11:34:48
Armenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contract

ArmInfo.  From April 20 to 23, 2026,  Armenia's interbank foreign exchange market  saw a continued rise in dollar transactions, while ruble transactions  continued to decline. Euro transactions haven't been conducted for  two consecutive months. Specifically, the growth of dollar  transactions slowed from a 5.1 fold increase to 54%, while the  decline in ruble transactions slowed from 19% to 8%.

AIFC Green Finance Center  considers entering Armenian market
 Thursday, April 23 2026 18:52

ArmInfo.The AIFC Green Finance Center (Astana International Financial Centre) is considering expanding its operations  into the Armenian market, as stated by Manas Gijduaniev, CEO of the AIFC, during a briefing on April 23, in response to a question from an ArmInfo correspondent.

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Financial Literacy Course for Learning Mission non-profit organization. Idram&IDBank
 Thursday, April 23 2026 18:18

ArmInfo.On April 18, at the initiative of IDBank and Idram, another financial literacy course was held within the framework of cooperation with the ''Learning Mission'' non-profit organization. About 50 beneficiaries participated in the course, who acquired to the financial sector, developed their digital and financial literacy skills.

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 A New Level of Digital Banking: IDBank Launches Strategic Partnership with Oracle
 Thursday, April 23 2026 18:07

ArmInfo.IDBank announces the launch of a strategic partnership with global technology leader Oracle.

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International Mother Earth Day. Idram&IDBank
 Wednesday, April 22 2026 18:30

ArmInfo.Earth Day is celebrated annually on April 22 all over the world. The main goal of this day is to highlight problems among different regions over the world and to suggest solutions. ''Our Planet, Our Power'' is the theme of this year.

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VTB nearing completion of Armenian copper enterprise sale - Kostin
 Wednesday, April 22 2026 15:20

ArmInfo.   VTB bank  is currently in the final stages of completing the sale of the Hals  developer and a copper production enterprise in Armenia, as stated by  VTB CEO Andrey Kostin during a business dialogue titles "Capital of  Change: Outlines of a New Investment Landscape," TASS reports.

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Acba Bank Partners with BNY Mellon to Expand International Transfer Capabilities
 Tuesday, April 21 2026 16:09

ArmInfo.  Acba Bank has announced a strategic partnership with one of the world’s leading financial institutions, The Bank of New York Mellon (BNY Mellon). This collaboration aims to expand the bank's international network and streamline cross-border transactions in US dollars.

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IDBank and Idram participate in Career City Fest
 Monday, April 20 2026 18:10

ArmInfo.Idram and IDBank once again participated in the annual employer festival, Career City Fest. On April 18-19, the companies welcomed visitors interested in job openings with unified, interactive, and distinctive pavilion.

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Ameriabank hosts Investor Day to explore growth opportunities in finance and technology
 Friday, April 17 2026 17:01

ArmInfo. Ameriabank's  Investor's Day initiative this time has united Armenia's tech  community. The day before (April 16), the Bank invited  representatives of the Union of Advanced Technology Enterprises  (UATE),  which unites over 250 tech companies, to its platform.  Ameriabank itself is a member of UATE since 2025, acting as a  changemaker in the sector.

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AraratBank’s Unwavering Commitment: 5 Years, 172 Beneficiaries, and over 100 Projects
 Saturday, April 18 2026 11:37

ArmInfo. Years ago, when AraratBank joined the initiative aimed at supporting the education of students who had served as defenders of our homeland, it was difficult to foresee that cooperation established with the 4090 Charity Foundation would evolve into a strategic partnership dedicated to ensuring the continuous education of veterans of the 4-day and 44-day wars.

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Armenian FX market- USD transactions surge as ruble trades decline  (April 13 to 17, 2026).
 Friday, April 17 2026 18:16

ArmInfo. During the week of April 13-17, 2026, Armenia's interbank foreign exchange market  saw  an increase in US Dollar (USD) transactions, while Russian Ruble (RUB) trades declined. Notably, Euro (EUR) transactions have not been conducted for almost two months.

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Deputy Finance Minister outlines Armenia`s priorities for upcoming  COP17 at  CFMCA meeting
 Friday, April 17 2026 17:49

ArmInfo.Edgar Mkrtchyan, Deputy Minister of Finance of of Armenia participated in a series of high-level discussions and events as part of the 2026 Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF).

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Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank
 Thursday, April 16 2026 18:01

ArmInfo.Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

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AraratBank’s Special Offer at Leasing Expo Attracts Strong Customer Interest
 Thursday, April 16 2026 11:35

ArmInfo. With hundreds of visitors and strong interest in energy-efficient equipment leasing at the three-day Leasing Expo 2026 held at the Meridian Expo Center, the pavilion of AraratBank’s pavilion drew the attention of both potential and existing customers. AraratBank offered leasing for renewable energy sources and energy-efficient equipment under attractive terms. 

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Andranik Grigoryan appointed Chairman of the Executive Board of Amio  Bank
 Wednesday, April 15 2026 17:55

ArmInfo. Effective April 13, Andranik Grigoryan, one of the most experienced specialists in the Armenian banking system, has been appointed  Chairman of the Executive Board of Amio Bank.

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Armenian Central Bank delegation  attends  2026 IMF-WB Spring  Meetings in Washington
 Wednesday, April 15 2026 15:50

ArmInfo. The Central Bank of Armenia is currently participating in the 2026 IMF-WB Spring Meetings in  Washington. According to the Central Bank of Armenia, the event began on April 13 and will continue until April 18. Deputy Governors Armen Nurbekyan and Hovhannes Khachatryan are representing the Central Bank  at the event.

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IMF forecasts 5.3-5.5% GDP growth for Armenia in 2026-2027
 Wednesday, April 15 2026 14:40

ArmInfo. The International Monetary Fund (IMF) forecasts 5.3% GDP growth for Armenia in 2026  (compared to 7.2% in 2025), with an acceleration to 5.5% in 2027, as noted in the IMF's April report, "World Economic Outlook: Global Economy in the Shadow of War."

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Flexible Terms when Transferring your Mortgage Loan to AraratBank
 Tuesday, April 14 2026 17:57

ArmInfo.AraratBank comes up with a new mortgage loan offer, enabling customers to transfer their existing mortgage loans from other banks or credit organizations operating in Armenia on more favorable and simplified terms.

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Armenia intends to ratify amendments to multilateral agreement  between competent authorities on automatic exchange of financial  account information
 Tuesday, April 14 2026 13:45

ArmInfo. Armenia intends to ratify the amendments to the multilateral agreement between competent authorities on the automatic exchange of financial account information.

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Forbes: Samvel Karapetyan`s assets worth $4.1bln
 Monday, April 13 2026 13:43

ArmInfo. According to the American magazine Forbes, the net worth of Russian businessman of Armenian descent Samvel Karapetyan increased by $900 million in a  year, reaching $4.1 billion. Narek Karapetyan, a member of the  political council of the Strong Armenia party, wrote about this on  his Facebook page, publishing a corresponding Forbes article.

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The Power of One Dram April Beneficiary: Davitbek Games NGO
 Friday, April 10 2026 19:07

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

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News
Armenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contractArmenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contract
Gazprom to establish operational gas reserve of 0.107 billion cubic  meters in ArmeniaGazprom to establish operational gas reserve of 0.107 billion cubic  meters in Armenia
Expert: Every time we scale AI, we increase energy consumption and  worsen environmental impactsExpert: Every time we scale AI, we increase energy consumption and  worsen environmental impacts
Economy Minister: Exports to  EU surged by 90%, to  U.S. by 13%, and   to China by 2.3 timesEconomy Minister: Exports to  EU surged by 90%, to  U.S. by 13%, and   to China by 2.3 times
AIFC Green Finance Center  considers entering Armenian marketAIFC Green Finance Center  considers entering Armenian market
Megaprojects like AI Factories not realistic without stable energy-  expertMegaprojects like AI Factories not realistic without stable energy-  expert
Financial Literacy Course for Learning Mission non-profit organization. Idram&IDBankFinancial Literacy Course for Learning Mission non-profit organization. Idram&IDBank
Armenia`s top 5 largest taxpayers contribute $202M to state budget in  Q1 2026Armenia`s top 5 largest taxpayers contribute $202M to state budget in  Q1 2026
 A New Level of Digital Banking: IDBank Launches Strategic Partnership with Oracle A New Level of Digital Banking: IDBank Launches Strategic Partnership with Oracle
Armenian Government  approves proposal on general principles of  liability for non-compliance with EAEU customs regulationsArmenian Government  approves proposal on general principles of  liability for non-compliance with EAEU customs regulations
Armenia`s livestock investment support program to be extendedArmenia`s livestock investment support program to be extended
ICAO to help reorganize Civil Aviation Committee of ArmeniaICAO to help reorganize Civil Aviation Committee of Armenia
FLYONE ARMENIA launches Gyumri-Sochi-Gyumri flights FLYONE ARMENIA launches Gyumri-Sochi-Gyumri flights 
International Mother Earth Day. Idram&IDBankInternational Mother Earth Day. Idram&IDBank
Armenian delegation participates in Hannover Messe 2026Armenian delegation participates in Hannover Messe 2026
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Yerevan to host Concours Mondial de Bruxelles for the first timeYerevan to host Concours Mondial de Bruxelles for the first time
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PSRC reducing connection fees for new consumers of Electric Networks  of Armenia CJSC PSRC reducing connection fees for new consumers of Electric Networks  of Armenia CJSC
Civil Contract Party promises 6% annual GDP growth if it wins June 7  parliamentary elections - premier Civil Contract Party promises 6% annual GDP growth if it wins June 7  parliamentary elections - premier 
Armenia participates in  2026 ECOSOC Forum on Financing for  Development Armenia participates in  2026 ECOSOC Forum on Financing for  Development 
Russian Security Council explains cost of Armenia`s exit from the  EAEURussian Security Council explains cost of Armenia`s exit from the  EAEU
Armenia improves its position in World Index of Economic Freedom -  minister Armenia improves its position in World Index of Economic Freedom -  minister 
Ministry of Transport of Kazakhstan supports establishment of direct  air service with ArmeniaMinistry of Transport of Kazakhstan supports establishment of direct  air service with Armenia
Strong Armenia Party: 0% tax incentive to benefit around 70,000 micro  and small business entities Strong Armenia Party: 0% tax incentive to benefit around 70,000 micro  and small business entities 
Armenia`s cooperation with ESCAP discussed in BangkokArmenia`s cooperation with ESCAP discussed in Bangkok
Acba Bank Partners with BNY Mellon to Expand International Transfer CapabilitiesAcba Bank Partners with BNY Mellon to Expand International Transfer Capabilities
Armenian Ambassador, Cypriot Minister of Energy discuss perspectives  for developing energy and trade cooperation  Armenian Ambassador, Cypriot Minister of Energy discuss perspectives  for developing energy and trade cooperation 
Third stage of  Plug and Play international startup support program  launched in YerevanThird stage of  Plug and Play international startup support program  launched in Yerevan
Armenia, Romania  establishing tourism cooperationArmenia, Romania  establishing tourism cooperation
IDBank and Idram participate in Career City FestIDBank and Idram participate in Career City Fest
In June 2026, Armenia may receive the first $25.3 million Stand-By  Arrangement from the MF under the new SBAIn June 2026, Armenia may receive the first $25.3 million Stand-By  Arrangement from the MF under the new SBA
Shirak Avia launches flights on Yerevan-Astana-Yerevan routeShirak Avia launches flights on Yerevan-Astana-Yerevan route
Armenian Telecom growth exceeds global average - ResearchArmenian Telecom growth exceeds global average - Research
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Armenia significantly reduces property tax for electric vehicle  ownersArmenia significantly reduces property tax for electric vehicle  owners
Future of Armenia`s nuclear energy sector in question - expert Future of Armenia`s nuclear energy sector in question - expert 
Northern section of North-South Highway project from Ashtarak to  Gyumri commissionedNorthern section of North-South Highway project from Ashtarak to  Gyumri commissioned
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Armenian government to purchase $25mln worth high-performance  computing resources from Firebird AIArmenian government to purchase $25mln worth high-performance  computing resources from Firebird AI
Ameriabank hosts Investor Day to explore growth opportunities in finance and technologyAmeriabank hosts Investor Day to explore growth opportunities in finance and technology
TRIPP implementation to enable rail links between Iran and Armenia,  Persian Gulf and the Black SeaTRIPP implementation to enable rail links between Iran and Armenia,  Persian Gulf and the Black Sea
Potential for expanding Armenian-Spanish economic cooperation  discussed in YerevanPotential for expanding Armenian-Spanish economic cooperation  discussed in Yerevan
RA minister of economy visits Shirak poultry farm, informed of  $250mln investment programRA minister of economy visits Shirak poultry farm, informed of  $250mln investment program
Armenia to receive $240mln from IBRD for housing needs of forcibly  displaced personsArmenia to receive $240mln from IBRD for housing needs of forcibly  displaced persons
AraratBank’s Unwavering Commitment: 5 Years, 172 Beneficiaries, and over 100 ProjectsAraratBank’s Unwavering Commitment: 5 Years, 172 Beneficiaries, and over 100 Projects
AI  and data center project progressing successfully in Armenia - PM  OfficeAI  and data center project progressing successfully in Armenia - PM  Office
Armenian FX market- USD transactions surge as ruble trades decline  (April 13 to 17, 2026).Armenian FX market- USD transactions surge as ruble trades decline  (April 13 to 17, 2026).
Deputy Finance Minister outlines Armenia`s priorities for upcoming  COP17 at  CFMCA meetingDeputy Finance Minister outlines Armenia`s priorities for upcoming  COP17 at  CFMCA meeting
Learn, play, and win: Team and Koreez offer new educational  opportunitiesLearn, play, and win: Team and Koreez offer new educational  opportunities
Ministry of Technology and Industry discusses issues of critical  infrastructure cyber resilience Ministry of Technology and Industry discusses issues of critical  infrastructure cyber resilience
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Armenian Ambassador proposes business delegation from Greece to visit   Armenia Armenian Ambassador proposes business delegation from Greece to visit   Armenia 
Vice PM: Attracting French companies is a strategic priority for  Armenia Vice PM: Attracting French companies is a strategic priority for  Armenia 
Grant Akopian Appointed CEO and Chairman of the Management Board of Converse BankGrant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank
Armenia. U.S. considering ways to expand cooperation in intellectual  property protectionArmenia. U.S. considering ways to expand cooperation in intellectual  property protection
South Caucasus Railway raises employee salariesSouth Caucasus Railway raises employee salaries
Construction of third Iran-Armenia power transmission line 88%  complete - minister Construction of third Iran-Armenia power transmission line 88%  complete - minister
Read more
Exchange rates
23.04.2026
RUB4.95-0.01
USD371.83-0.55
EUR434.37-3.18
GBP501.41-1.97
CAD271.85-0.90
JPY23.28-0.11
CNY54.40-0.17
CHF473.37-3.43




Experts
Future of Armenia`s nuclear energy sector in question - expert Future of Armenia`s nuclear energy sector in question - expert 
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
Armenia`s public debt turning into political tool for covering budget  deficitsArmenia`s public debt turning into political tool for covering budget  deficits
Read more

Commented
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
Robert Kocharyan: Armenia`s current economic model  is highly  problematicRobert Kocharyan: Armenia`s current economic model  is highly  problematic
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position