News

Deputy Prime Minister: The peace agenda and unblocking communications could significantly change Armenia`s economic geography
The head of the Association of Miners and Metallurgists: The standards Lidian Armenia works with create minimal environmental risk
The presidents of Armenia and Kyrgyzstan discussed prospects for expanding trade and economic cooperation between the countries
Likhachev: Rosatom is receiving positive signals from Armenia regarding its proposal for a new nuclear power plant unit.
On the Armenian interbank currency market, both dollar and ruble transactions increased from October 12 to 16.
Armenia and Cyprus are considering ways to deepen economic cooperation
Gevorg Papoyan received the Minister of Agriculture and Forestry of Turkey
Armenia needs to attract juniors rather than engage in mass geological exploration, expert says
Armenia`s mining industry has high development potential - Hayk Aloyan
Armenia and Italy discussed the possibility of receiving financing on preferential terms from the Italian Development Bank.
Head of Armenian Nuclear Power Plant: Nuclear energy is of strategic importance for Armenia
Expert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning it
LIGA Insurance was officially presented as a new member of the international GRAWE Group at a conference in Slovenia
Economist: Mining sector`s share in Armenia`s exports will increase
IDBank to Showcase Environmental and Innovative Initiatives at COP17
The Strong Armenia faction intends to secure the registration of European drugs on the Armenian market
Armenia ranks last in terms of geological exploration expenditure per square kilometer
Khudatyan assured: The issue of transferring the concession for Armenian railways to another country has not reached a dead end
Khudatyan: Armenia currently has no disagreements with Russia over gas prices
Khudatyan: Armenia will decide on the model of a new nuclear power plant in early 2027
Khudatyan: Armenia is considering expanding energy ties with Azerbaijan and Turkey
The head of the Armenian Ministry of High Technologies discussed with the World Bank representative in Armenia the possibility of developing cooperation in the field of high technology and AI
The mining industry`s share of Armenia`s GDP will reach a record 5% by the end of 2026, and the sector will demonstrate growth of 21.5%
“From Resources to Opportunities”: Mining Armenia Forum 2026 Begins in Armenia
Russia has requested that veterinary certification of products from an Armenian manufacturer be suspended
The head of the Armenian Defense Industry received a delegation from the Indian Defense Management College.
Armenia and Kazakhstan discussed prospects for expanding cooperation in the areas of subsoil resources and renewable energy.
Armenia and Russia are creating a working group to address railway concession issues, according to the Prime Minister`s decision.
Armenia and the UAE discussed prospects for expanding trade and economic cooperation.
35 Years of Trust: IDBank Celebrates with Its Customers
Armenia and Egypt explored opportunities for cooperation in waste management
The IMF has improved its forecast for Armenia`s GDP growth in 2026 from the previous 5.3% to an updated 5.5%, expecting inflation to significantly exceed the target, reaching 4.6%
The government will allocate an additional 2.071 billion drams for the implementation of subsidy programs
The Prime Minister on the railway: A rational solution is to change the concessionary management format
The state will allocate an additional 2.035 billion drams for the development of the scientific sphere
The government adopted a bill recognizing the priority public interest in relation to 100% of the shares of ENA CJSC
Over 1.7 million tourists visited Armenia in 9 months
Expert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and Iran
Belozerov: Russian Railways intends to strictly adhere to the terms of the concession agreement for Armenian railways
The Armenian Prime Minister discussed with the head of Russian Railways the integration of Armenian railways into international transport corridors.
The State Revenue Committee of Armenia and the BSEC countries discussed measures to combat smuggling and drug trafficking.
In Bangkok, the head of the Armenian Ministry of Finance discussed the country`s economic prospects with international financial institutions.
In Armenia, the loss ratio for compulsory motor vehicle liability insurance (CMTPLI) decreased to 74.5% by October 2026.
Energy expert: Russia`s proposal for a new nuclear power plant for Armenia is the most well-developed
Tsarukyan: Armenian agriculture is currently in crisis due to artificial problems created by the Armenian authorities
Armenia and the United States discussed prospects for expanding economic ties
The State Revenue Committee of Armenia will launch pilot projects on product labeling.
TRF 2026: Dilijan Becomes a Platform for International Tourism Dialogue
Armenia`s metallurgical industry achieved high double-digit growth in January-August 2026
Armenia and the United Kingdom discussed the development of a legal framework for international road transport
Team Telecom Armenia is a technology partner of COP17
Armenian producers are participating in the international exhibition of the bar industry and alcoholic beverages in Berlin.
The "Physmath Friends" Charitable Foundation is the October beneficiary of "The Power of One Dram"
“We Have Overcome the Most Challenging Stage and Now Look to the Future with Confidence”: Anatoly Gogotin, General Director of GPM Gold
Expert: We need to consider why other post-Soviet countries are not seeking to join the EAEU
Politician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economy
Sources: The head of Russian Railways will visit Yerevan on October 13.
A working meeting on the supply of Russian fire trucks to Armenia was held in Yerevan as part of a business mission
The head of the Armenian Ministry of Finance is participating in the work of the International Monetary Fund.
Armenia and Barcelona discussed the possibility of implementing joint applied research projects in the field of vocational training.
Read more

Currency Market

Indicators

Armenia and Italy discussed the possibility of receiving financing on preferential terms from the Italian Development Bank.

Friday, October 16 2026 16:42:34

ArmInfo. Prospects for expanding investment cooperation in the green economy, energy, and infrastructure development in Armenia with the participation of the EU were discussed at a meeting in Yerevan between Deputy Minister of Finance of Armenia Edgar Mkrtchyan, Deputy Head of Mission of the Italian Embassy in Armenia Andrea Peduto, and Head of Western Balkans and Eastern Neighborhood at the Italian Development Bank Cassa Depositi e Prestiti (CDP), Lucia Bonelli.

IDBank to Showcase Environmental and Innovative Initiatives at COP17 Friday, October 16 2026 14:56 ArmInfo. Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation. >>>
35 Years of Trust: IDBank Celebrates with Its Customers Thursday, October 15 2026 16:28 ArmInfo.IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers. Throughout the day, all IDBank branches were filled with a festive atmosphere, and customers were welcomed with surprises and gifts. Customers visiting the branches for their banking transactions had the opportunity to win themed gifts by spinning the wheel of fortune. >>>
In Bangkok, the head of the Armenian Ministry of Finance discussed the country`s economic prospects with international financial institutions. Wednesday, October 14 2026 14:24 ArmInfo. Armenian Finance Minister Vahe Hovhannisyan met with representatives of the international rating agency, development institutions, and investment organizations in Bangkok as part of the 2026 annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG). He also participated in a roundtable discussion on regional economic processes. >>>
The "Physmath Friends" Charitable Foundation is the October beneficiary of "The Power of One Dram" Tuesday, October 13 2026 17:19 ArmInfo. Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity. >>>
The head of the Armenian Ministry of Finance is participating in the work of the International Monetary Fund. Monday, October 12 2026 18:47 ArmInfo. A delegation led by Armenian Finance Minister Vahe Hovhannisyan is participating in the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand. During the visit, the minister met with Yevgeny Rugenaat, Executive Director of the World Bank Group, of which Armenia is a member. >>>
As part of its 35th-anniversary events, IDBank has signed a Memorandum of Understanding with the Matenadaran Monday, October 12 2026 18:04 ArmInfo.A new biodiversity park will be established in the heart of the capital, covering approximately 1.2 hectares adjacent to the Matenadaran. This latest project, dedicated to the 35th anniversary of IDBank’s founding, is being implemented jointly with Matenadaran, with the parties having signed a memorandum of understanding and an agreement․ >>>
The Armenian Parliament ratified the IBRD loan agreement for housing market development. Monday, October 12 2026 15:46 ArmInfo. The Armenian Parliament ratified an agreement on the provision of a $240 million loan by the International Bank for Reconstruction and Development to Armenia for the implementation of a project to develop the housing and mortgage market in Armenia. The draft law was presented at an extraordinary session of Parliament by Deputy Minister of Labor and Welfare Lusine Kocharyan. >>>
From October 5 to 9, a decline in dollar and ruble transactions and a resumption of euro transactions were observed on the Armenian interbank currency market. Friday, October 9 2026 17:43 ArmInfo. From October 5 to 9, a decrease in dollar and ruble transactions was observed on the Armenian interbank currency market, although euro transactions resumed a month later. In particular, the trend in dollar transactions reversed from a 79% increase to a 98% decline, which was also observed in ruble transactions, which reversed from an 18.3% increase to a 25.2% decline. >>>
Nelli Kocharyan Presents Converse Bank’s Vision for Development of International Relations at the BACEE Conference Friday, October 9 2026 10:31 ArmInfo. Nelli Kocharyan, Director of the Financial Institutions and International Banking Department at Converse Bank, participated in a panel discussion dedicated to the 30th anniversary of the Banking Association for Central and Eastern Europe (BACEE) during the Bank Pekao FI Day & 52nd BACEE International Banking Conference held in Warsaw. >>>
“The Golden Hour”: IDBank explains how to respond effectively to a scam attack Thursday, October 8 2026 15:22 ArmInfo.In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective. The same applies to digital and financial security: if your data is compromised, every minute counts: it is during the first hours after an attack that criminals try to withdraw money from your accounts, apply for loans in your name, steal your account passwords․ >>>
BACEE International Conference Kicks Off with Converse Bank as Lead Sponsor Thursday, October 8 2026 13:42 ArmInfo.The Bank Pekao FI Day & 52nd BACEE International Banking Conference has kicked off in Warsaw, with Converse Bank serving as the event’s Lead Sponsor. >>>
Donate Blood, Save Lives: Idram&IDBank Wednesday, October 7 2026 17:41 ArmInfo.To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center. >>>
The French Development Agency will provide Armenia with two loans totaling 270 million euros. Wednesday, October 7 2026 16:15 ArmInfo. As part of its annual consultations with the Armenian authorities, the French Development Agency (AFD) signed a financing agreement for €270 million. >>>
Ameriabank became the general sponsor of the Bold Business 2031 forum. Tuesday, October 6 2026 17:53 ArmInfo. Ameriabank, a pioneer in technological transformation, served as the general sponsor of the Bold Business 2031 forum. The event, organized by LinkedIn Local Yerevan, took place in Yerevan, bringing together the business community, including business leaders, investors, representatives of government and international agencies, diplomats, and experts. The goal of the event was to unite business communities from various fields on a single platform and create a forum for communication. Key topics on the current agenda included the development of artificial intelligence, new technologies, and networking. >>>
The Prime Minister of the Republic of Armenia attended the opening ceremony of the new head office of Acba Bank Tuesday, October 6 2026 12:00 ArmInfo. RA Prime Minister Nikol Pashinyan attended the opening ceremony of Acba Bank's new head office yesterday. >>>
The opening of the STATUS Center officially marked the relaunch of Ardshinbank’s STATUS service Monday, October 5 2026 18:23 ArmInfo.Ardshinbank has opened a new STATUS Center at 66 Teryan Street in Yerevan. With the opening of the new center, the bank’s STATUS service was officially relaunched. STATUS is a premium personal banking and financial services package that brings together customers’ day-to-day banking needs, wealth management, and a comprehensive range of lifestyle-oriented solutions within a single system. >>>
From September 28 to October 2, both dollar and ruble transactions were actively conducted on the Armenian Interbank Currency Exchange. Friday, October 2 2026 17:53 ArmInfo. From September 28 to October 2, both dollar and ruble transactions were active on the Armenian Interbank Currency Exchange. However, euro transactions have been dormant for over a month. Specifically, dollar transactions accelerated from 65% to 79%, while ruble transactions increased from a 27.4% decline to an 18.3% increase. As a result, the weekly volume of dollar transactions regained its dominance over ruble transactions, but the gap was small, compared to the previous week when ruble transactions still dominated, with the gap narrowing from 3.3 times to 1.5 times. >>>
Armenia`s gross international reserves continue to set a new record month after month, exceeding $6.5 billion by September 2026. Wednesday, September 30 2026 19:05 ArmInfo. Armenia's gross international reserves (GIR) increased by 54% year-on-year or $2.3 billion by September 2026, setting a new record at over $6.532 billion, while in the same period of 2025 the growth was more modest by 17.7% or $638.7 million - to $4.243 billion. In August alone, GIR grew moderately - by 6% (or $343.5 million), against a more moderate growth of 4.3% (or $173.6 million) a year earlier in the same month. Over the 8 months of this year, GIR increased by 28.4% (or $1.446 billion), while a year ago, for the same period, a relatively modest growth of 15.1% (or $558 million) was recorded. This is evidenced by data from the Central Bank of the Republic of Armenia. >>>
Ameriabank named Most Innovative Digital Bank in Armenia, alongside 9 Global Finance Digital Banking Awards Wednesday, September 30 2026 17:33 ArmInfo.Ameriabank has received nine awards at the prestigious Global Finance’s Best Digital Bank Awards, including eight awards at the country level and one regional recognition. >>>
The new investment law should contain incentives for investors, according to the Deputy Minister of Economy. Wednesday, September 30 2026 16:10 ArmInfo. The new investment law should include incentives for investors. Deputy Economy Minister Tigran Gasparyan stated this during a panel discussion at the second investment and financial forum in Armenia, which is being held under the theme: "Time of Opportunities: Armenia in the New Architecture of Global Markets." >>>

News

Deputy Prime Minister: The peace agenda and unblocking communications could significantly change Armenia`s economic geography
The head of the Association of Miners and Metallurgists: The standards Lidian Armenia works with create minimal environmental risk
The presidents of Armenia and Kyrgyzstan discussed prospects for expanding trade and economic cooperation between the countries
Likhachev: Rosatom is receiving positive signals from Armenia regarding its proposal for a new nuclear power plant unit.
On the Armenian interbank currency market, both dollar and ruble transactions increased from October 12 to 16.
Armenia and Cyprus are considering ways to deepen economic cooperation
Gevorg Papoyan received the Minister of Agriculture and Forestry of Turkey
Armenia needs to attract juniors rather than engage in mass geological exploration, expert says
Armenia`s mining industry has high development potential - Hayk Aloyan
Armenia and Italy discussed the possibility of receiving financing on preferential terms from the Italian Development Bank.
Head of Armenian Nuclear Power Plant: Nuclear energy is of strategic importance for Armenia
Expert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning it
LIGA Insurance was officially presented as a new member of the international GRAWE Group at a conference in Slovenia
Economist: Mining sector`s share in Armenia`s exports will increase
IDBank to Showcase Environmental and Innovative Initiatives at COP17
The Strong Armenia faction intends to secure the registration of European drugs on the Armenian market
Armenia ranks last in terms of geological exploration expenditure per square kilometer
Khudatyan assured: The issue of transferring the concession for Armenian railways to another country has not reached a dead end
Khudatyan: Armenia currently has no disagreements with Russia over gas prices
Khudatyan: Armenia will decide on the model of a new nuclear power plant in early 2027
Khudatyan: Armenia is considering expanding energy ties with Azerbaijan and Turkey
The head of the Armenian Ministry of High Technologies discussed with the World Bank representative in Armenia the possibility of developing cooperation in the field of high technology and AI
The mining industry`s share of Armenia`s GDP will reach a record 5% by the end of 2026, and the sector will demonstrate growth of 21.5%
“From Resources to Opportunities”: Mining Armenia Forum 2026 Begins in Armenia
Russia has requested that veterinary certification of products from an Armenian manufacturer be suspended
The head of the Armenian Defense Industry received a delegation from the Indian Defense Management College.
Armenia and Kazakhstan discussed prospects for expanding cooperation in the areas of subsoil resources and renewable energy.
Armenia and Russia are creating a working group to address railway concession issues, according to the Prime Minister`s decision.
Armenia and the UAE discussed prospects for expanding trade and economic cooperation.
35 Years of Trust: IDBank Celebrates with Its Customers
Armenia and Egypt explored opportunities for cooperation in waste management
The IMF has improved its forecast for Armenia`s GDP growth in 2026 from the previous 5.3% to an updated 5.5%, expecting inflation to significantly exceed the target, reaching 4.6%
The government will allocate an additional 2.071 billion drams for the implementation of subsidy programs
The Prime Minister on the railway: A rational solution is to change the concessionary management format
The state will allocate an additional 2.035 billion drams for the development of the scientific sphere
The government adopted a bill recognizing the priority public interest in relation to 100% of the shares of ENA CJSC
Over 1.7 million tourists visited Armenia in 9 months
Expert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and Iran
Belozerov: Russian Railways intends to strictly adhere to the terms of the concession agreement for Armenian railways
The Armenian Prime Minister discussed with the head of Russian Railways the integration of Armenian railways into international transport corridors.
The State Revenue Committee of Armenia and the BSEC countries discussed measures to combat smuggling and drug trafficking.
In Bangkok, the head of the Armenian Ministry of Finance discussed the country`s economic prospects with international financial institutions.
In Armenia, the loss ratio for compulsory motor vehicle liability insurance (CMTPLI) decreased to 74.5% by October 2026.
Energy expert: Russia`s proposal for a new nuclear power plant for Armenia is the most well-developed
Tsarukyan: Armenian agriculture is currently in crisis due to artificial problems created by the Armenian authorities
Armenia and the United States discussed prospects for expanding economic ties
The State Revenue Committee of Armenia will launch pilot projects on product labeling.
TRF 2026: Dilijan Becomes a Platform for International Tourism Dialogue
Armenia`s metallurgical industry achieved high double-digit growth in January-August 2026
Armenia and the United Kingdom discussed the development of a legal framework for international road transport
Team Telecom Armenia is a technology partner of COP17
Armenian producers are participating in the international exhibition of the bar industry and alcoholic beverages in Berlin.
The "Physmath Friends" Charitable Foundation is the October beneficiary of "The Power of One Dram"
“We Have Overcome the Most Challenging Stage and Now Look to the Future with Confidence”: Anatoly Gogotin, General Director of GPM Gold
Expert: We need to consider why other post-Soviet countries are not seeking to join the EAEU
Politician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economy
Sources: The head of Russian Railways will visit Yerevan on October 13.
A working meeting on the supply of Russian fire trucks to Armenia was held in Yerevan as part of a business mission
The head of the Armenian Ministry of Finance is participating in the work of the International Monetary Fund.
Armenia and Barcelona discussed the possibility of implementing joint applied research projects in the field of vocational training.
Read more

Exchange rates

16.10.2026

RUB	4.34	0.03
USD	362.34	0.85
EUR	407.95	2.51
GBP	483.25	4.13
CAD	256.03	1.46
JPY	22.94	0.02
CNY	54.19	0.17
CHF	440.27	4.53

Experts

Expert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning it
Expert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and Iran
Politician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economy
Read more

Commented

Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
RA government to allocate AMD 1.035bln more to co-finance subvention programs in the country`s regions
Effective July 10, individuals prohibited from exporting more than 5 kg of phytosanitary controlled goods from Armenia
Mining and metallurgy essential to Armenia`s tech and defense sectors- says ZCMC Vice President
For first time, institution of restructuring insolvent banks is being introduced in Armenian banking system