News

The Armenian Parliament will receive 7.6 billion drams in 2027.
The EAEU Council approved the agenda for the upcoming meeting of the Eurasian Intergovernmental Council
The Central Bank of Armenia raised the refinancing rate by another 0.25% - from 6.75% to 7%
Minister: Work on implementing an electronic notary services system will begin in 2027
In 2027, 24 billion 250 million drams will be allocated from the state budget to support the office of the Prime Minister of the Republic of Armenia
The State Revenue Committee recalled the ban on the import of cash currency from the Russian Federation in excess of 1 million rubles into Armenia and other EAEU countries
REC launched a business mission in Armenia for aluminum cookware manufacturers.
Head of the Central Bank of Armenia: In the context of geopolitical and economic uncertainty in the world, external and internal risks remain
Oppositionist: Armenia`s debt burden is twice that of Georgia and three times that of Azerbaijan
Eduard Akopyan: The State Revenue Committee is working on developing an electronic platform that will be integrated with the TRIPP project.
Finance Minister: There is currently no official information about increasing gas prices for Armenia
Yerevan to host Silicon Mountains 2026, an international technology summit and exhibition
The budget of the Ministry of Labor and Welfare of Armenia in 2027 will be the largest in the structure of the entire state budget of the country.
Experts at the EFSD conference assessed the growth potential of Eurasian economies.
EU-backed reforms to Armenia`s energy market are being discussed in Yerevan
Stagnation in premiums has slowed net profit growth in the Armenian insurance market.
IDBank has issued perpetual coupon bonds for the first time
Head of the Ministry of Finance of the Republic of Armenia: The current structure of the state debt will be maintained in 2027
In 2027, it is planned to improve the GDP-to-taxes ratio by 0.6 percentage points
RA Prime Minister: State budget revenues are never high
Armenia`s gross international reserves approach $7 billion, setting a new record by October 2026
Possibilities of expanding cooperation between Armenia and Latvia in the field of high technology were discussed
On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow.
IDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed
IDBank and Idram Presented Several Environmental Initiatives at COP17
The Central Bank of Armenia is working on creating a mechanism to insure clients affected by cybercrime.
The Ministry of Economy considered the possibility of implementing an extended producer responsibility system with the support of UNIDO.
The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank.
Cognacs from Armenia and Georgia have been included in the Belarusian register of hazardous products.
Economist: Armenia`s withdrawal from the EAEU could lead to the cessation of financial intermediation, and such a scenario would deal a much stronger blow to the country`s economy
Armenia and India discussed prospects for developing trade, economic, and investment cooperation
Martin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion drams
The Minister of Economy listened to proposals from the Armenian business community.
Sevak Mikaelyan became a member of the Board of the Central Bank of Armenia
Yerevan became the cheapest foreign holiday destination for Russians in November.
Armenia and Iran intend to intensify cooperation in the field of high technologies
«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams
The Chairman of the State Revenue Committee of Armenia took part in the global event of the Smart Customs project, which was held at the WTO headquarters in Brussels
The RA Ambassador to the United States presented Armenia`s investment potential
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine
First Steps in Your Career with IDBank: 16th Cycle of IDream Launched
Rate.Trading. New Digital Culture of Currency Exchange
Armenia notes the importance of creating conditions that will enable the effective and responsible use of AI tools for the benefit of the public and private sectors.
The Armenian Minister of Finance discussed education development and business support with the head of AGFUND.
Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams.
Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
EFSD: Increased economic activity will help Armenia respond to demographic challenges
Armenia and Norway expressed interest in expanding economic cooperation
Candidate for Member of the Central Bank Council: Possible Changes in Energy Prices Could Seriously Affect Armenia’s Macroeconomic Stability
In Armenia, confectionery, semi-finished products, and frozen foods will be included in the list of goods subject to labeling.
As of January 1, 2027, Armenia`s universal health insurance system will expand to cover more than 350,000 citizens
Developing a green bond market requires not only cooperation between all players, but also direct government participation
Deputy Prime Minister: The railway under the TRIPP project will be built along the same route it used during Soviet times
Ministry of Finance: It is too early to say what impact the implementation of the TRIPP project will have on Armenia`s state budget.
Digital Future and Sustainable Development: IDBank`s Chairman of the Management Board in an Interview with Forbes
Armenian companies will receive benefits when exporting services to the UAE market
The reporting procedure for public sector organizations will be streamlined in Armenia
Armenia and Poland discussed the possibility of expanding bilateral cooperation in the customs and tax spheres
Armenian Deputy Prime Minister Receives ADB Vice President
Idram and IDBank Support Innovative Solutions for Biodiversity Preservation. COP17
Read more

Currency Market

Indicators

The Armenian Parliament will receive 7.6 billion drams in 2027.

Tuesday, November 3 2026 16:27:20

ArmInfo. The draft state budget of the Republic of Armenia for 2027 envisages the allocation of approximately 7 billion 600 million drams to the National Assembly for the proper performance of its statutory functions.

The Central Bank of Armenia raised the refinancing rate by another 0.25% - from 6.75% to 7% Tuesday, November 3 2026 12:47 ArmInfo. The Central Bank of Armenia raised the refinancing rate by another 0.25%, from 6.75% to 7%. This decision was made on November 3 at a meeting of the Central Bank of Armenia's Board. According to this decision, the rates on Lombard repos were also increased by 0.25 percentage points, to 8.5%, and on deposits attracted from banks, to 5.5%. >>>
Oppositionist: Armenia`s debt burden is twice that of Georgia and three times that of Azerbaijan Monday, November 2 2026 18:22 ArmInfo. Armenia's debt burden is three times higher than that of Azerbaijan and twice that of Georgia. Hayk Farmanyan, a member of parliament from the Strong Armenia opposition faction, stated this in a conversation with journalists in parliament on November 2, commenting on the draft state budget for 2027 presented by Prime Minister Nikol Pashinyan. >>>
IDBank has issued perpetual coupon bonds for the first time Monday, November 2 2026 14:29 ArmInfo. On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms: >>>
Armenia`s gross international reserves approach $7 billion, setting a new record by October 2026 Monday, November 2 2026 12:34 ArmInfo. Armenia's gross international reserves (GIR) increased by 55.4% per annum or $2.4 billion by October 2026, setting a new record at $6.666 billion, while in the same period of 2025 the growth was more modest - by 20% or $715.7 million - to $4.289 billion. In September alone, GIR grew modestly - by 2% (or $133.7 million), against an insignificant growth of 1.1% (or $46.1 million) a year earlier in the same month. Over the 9 months of this year, GIR increased by 31.1% (or $1.6 billion), while a year ago, for the same period, a relatively modest growth of 16.4% (or $604.1 million) was recorded. This is evidenced by data from the Central Bank of the Republic of Armenia. >>>
On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow. Friday, October 30 2026 19:16 ArmInfo. From October 26 to 30, dollar transactions on the Armenian interbank currency market declined, while ruble transactions began to rise. Meanwhile, euro transactions have been suspended for the third week. Specifically, dollar transactions reversed from a 2.2-fold increase to a 32% decline, while ruble transactions, conversely, reversed from a 14.5% decline to a 7% increase. This allowed the weekly volume of ruble transactions to maintain its dominance over dollar transactions, with the gap increasing from 2x to 3.1x. >>>
IDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed Friday, October 30 2026 18:58 ArmInfo.As part of the Spandaryan Canal reconstruction project, IDBank Chairman of the Management Board Mher Abrahamyan signed a commemorative plaque that will be incorporated into a future sculpture․ >>>
IDBank and Idram Presented Several Environmental Initiatives at COP17 Friday, October 30 2026 18:44 ArmInfo. IDBank and Idram summarized their participation at COP17 alongside their partners, presenting a number of key initiatives in the fields of sustainable development and biodiversity. >>>
The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank. Friday, October 30 2026 18:09 ArmInfo. The funds accumulated in the banking system since 2022 primarily came from non-residents, and the majority of them are still in Armenia. Martyn Galstyan, Governor of the Central Bank of Armenia, stated this in an interview with the research resource Hetq (Sled). >>>
Martin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion drams Friday, October 30 2026 15:54 ArmInfo. The Central Bank of Armenia increased the countercyclical capital buffer (CCB) by 0.25% to 2.25% of risk-weighted assets (effective from May 2027), estimating the amount of additional capital needed to absorb unexpected losses from an expected shock of almost 250 billion drams. Central Bank of Armenia Chairman Martin Galstyan stated this in an interview with the research website Hetq (Sled). He noted that, for now, this amount will be sufficient to address potential future risks and scenarios for addressing emerging issues, citing assessments from macro-stress testing. "In recent years, the Central Bank, through one of its instruments – the CBC – has increased capital, indicating the need for additional capital in the event that the positive developments we are seeing cease at a certain time, or a certain reversal occurs. Banks would be prepared for these scenarios," Galstyan emphasized. When asked by the interviewer what the Regulator has provided for citizens in this case, the head of the Central Bank noted that, in the context of financial stability, the Central Bank does not have a mandate to demand a conscientious approach from citizens, but regularly encourages financial literacy and takes measures to increase awareness. "In addition to this, for the Central Bank to assume a paternalistic function of intervening in the decisions of every citizen, I note that the Central Bank does not have such a mechanism, and in fact, there are no countries in the world where the regulator has such a function," he noted. >>>
Sevak Mikaelyan became a member of the Board of the Central Bank of Armenia Friday, October 30 2026 13:03 ArmInfo. Sevak Mikaelyan has become a member of the Board of the Central Bank of Armenia. This was confirmed following the results of a secret ballot held in the National Assembly of the Republic of Armenia on October 30. >>>
«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams Friday, October 30 2026 10:57 ArmInfo. Scammers are increasingly using fake screenshots of transfers, winnings, and bonuses to trick victims into handing over goods or sending them real money. A screenshot from a banking app can look convincing: the specified amount, a familiar logo, and a "transfer completed" status. But an image on the screen does not yet mean that the money has actually arrived. >>>
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine Thursday, October 29 2026 19:19 ArmInfo. In a special issue of Regional Post magazine dedicated to COP17, IDBank shared its strategic vision and commitment to digital innovation, biodiversity conservation, and the "green" transformation. >>>
First Steps in Your Career with IDBank: 16th Cycle of IDream Launched Thursday, October 29 2026 19:15 ArmInfo.The 16th cycle of IDBank’s IDream educational program has begun, giving 35 participants the opportunity to gain the theoretical knowledge and practical skills needed to build a career in the banking sector. >>>
Rate.Trading. New Digital Culture of Currency Exchange Thursday, October 29 2026 19:11 ArmInfo. Imagine this: you're planning a trip, making a major purchase, or simply want to save in foreign currency. You check various websites, then head to a bank or currency exchange. But standing in line wastes time, and your preferred exchange rate could change during that period. >>>
The Armenian Minister of Finance discussed education development and business support with the head of AGFUND. Thursday, October 29 2026 17:36 ArmInfo. Armenian Finance Minister Vahe Hovhannisyan received a delegation led by Prince Abdulaziz bin Talal Al Saud, Chairman of the Gulf Cooperation Fund for Development (AGFUND) and the Prince Talal International Award Committee. >>>
Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams. Thursday, October 29 2026 17:29 ArmInfo. The Armenian banking system is experiencing unprecedented growth. This was stated by Sevak Mikaelyan, a candidate for membership in the Board of the Central Bank of the Republic of Armenia, from the podium of the National Assembly of the Republic of Armenia on October 29. >>>
Developing a green bond market requires not only cooperation between all players, but also direct government participation Wednesday, October 28 2026 23:04 ArmInfo. Without a comprehensive approach, the development of a sustainable capital market is impossible. Shushanik Hovsepyan, Head of Capital Markets at Ameriabank, expressed this opinion in an interview with journalists on the sidelines of an event dedicated to the potential of capital markets in financing environmental and climate initiatives, which was held as part of COP17 at the initiative of the Armenian Securities Exchange and the UN Exchanges for Sustainable Development Initiative. (UN SSE). >>>
Digital Future and Sustainable Development: IDBank`s Chairman of the Management Board in an Interview with Forbes Wednesday, October 28 2026 17:56 ArmInfo. In his interview with Forbes, Mher Abrahamyan, IDBank's Chairman of the Management Board, presented the bank's development vision focused on digital innovation, green finance, and sustainable development. >>>
The Central Bank of Armenia will increase the countercyclical capital buffer twice in the first half of 2027: from February to 2% and from May to 2.25% Tuesday, October 27 2026 15:29 ArmInfo. The Central Bank of Armenia has decided to further increase the regulatory capital buffer (CCB) to 2.25%, effective May 2027. Prior to this, the CCB will be raised from the current 1.75% to 2% starting in February 2027 (according to the Central Bank's decision of July 28, 2026). As noted in the Central Bank's announcement published yesterday, the Central Bank's Board made the decision to increase the CCB to 2.25% on October 20 of this year, based on a comprehensive analysis of macro-financial and credit market developments. >>>
The "Climate Change and Women" Award Ceremony Took Place at COP17: Idram and IDBank Tuesday, October 27 2026 01:24 ArmInfo. From climate change mitigation to environmental education and innovative solutions, the "Climate Change and Women" award ceremony united leading women in the field, highlighting their initiatives and contributions to biodiversity conservation. Winners in each of the seven main categories received idcoins worth AMD 300,000 from Idram and IDBank. >>>

News

The Armenian Parliament will receive 7.6 billion drams in 2027.
The EAEU Council approved the agenda for the upcoming meeting of the Eurasian Intergovernmental Council
The Central Bank of Armenia raised the refinancing rate by another 0.25% - from 6.75% to 7%
Minister: Work on implementing an electronic notary services system will begin in 2027
In 2027, 24 billion 250 million drams will be allocated from the state budget to support the office of the Prime Minister of the Republic of Armenia
The State Revenue Committee recalled the ban on the import of cash currency from the Russian Federation in excess of 1 million rubles into Armenia and other EAEU countries
REC launched a business mission in Armenia for aluminum cookware manufacturers.
Head of the Central Bank of Armenia: In the context of geopolitical and economic uncertainty in the world, external and internal risks remain
Oppositionist: Armenia`s debt burden is twice that of Georgia and three times that of Azerbaijan
Eduard Akopyan: The State Revenue Committee is working on developing an electronic platform that will be integrated with the TRIPP project.
Finance Minister: There is currently no official information about increasing gas prices for Armenia
Yerevan to host Silicon Mountains 2026, an international technology summit and exhibition
The budget of the Ministry of Labor and Welfare of Armenia in 2027 will be the largest in the structure of the entire state budget of the country.
Experts at the EFSD conference assessed the growth potential of Eurasian economies.
EU-backed reforms to Armenia`s energy market are being discussed in Yerevan
Stagnation in premiums has slowed net profit growth in the Armenian insurance market.
IDBank has issued perpetual coupon bonds for the first time
Head of the Ministry of Finance of the Republic of Armenia: The current structure of the state debt will be maintained in 2027
In 2027, it is planned to improve the GDP-to-taxes ratio by 0.6 percentage points
RA Prime Minister: State budget revenues are never high
Armenia`s gross international reserves approach $7 billion, setting a new record by October 2026
Possibilities of expanding cooperation between Armenia and Latvia in the field of high technology were discussed
On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow.
IDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed
IDBank and Idram Presented Several Environmental Initiatives at COP17
The Central Bank of Armenia is working on creating a mechanism to insure clients affected by cybercrime.
The Ministry of Economy considered the possibility of implementing an extended producer responsibility system with the support of UNIDO.
The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank.
Cognacs from Armenia and Georgia have been included in the Belarusian register of hazardous products.
Economist: Armenia`s withdrawal from the EAEU could lead to the cessation of financial intermediation, and such a scenario would deal a much stronger blow to the country`s economy
Armenia and India discussed prospects for developing trade, economic, and investment cooperation
Martin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion drams
The Minister of Economy listened to proposals from the Armenian business community.
Sevak Mikaelyan became a member of the Board of the Central Bank of Armenia
Yerevan became the cheapest foreign holiday destination for Russians in November.
Armenia and Iran intend to intensify cooperation in the field of high technologies
«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams
The Chairman of the State Revenue Committee of Armenia took part in the global event of the Smart Customs project, which was held at the WTO headquarters in Brussels
The RA Ambassador to the United States presented Armenia`s investment potential
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine
First Steps in Your Career with IDBank: 16th Cycle of IDream Launched
Rate.Trading. New Digital Culture of Currency Exchange
Armenia notes the importance of creating conditions that will enable the effective and responsible use of AI tools for the benefit of the public and private sectors.
The Armenian Minister of Finance discussed education development and business support with the head of AGFUND.
Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams.
Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
EFSD: Increased economic activity will help Armenia respond to demographic challenges
Armenia and Norway expressed interest in expanding economic cooperation
Candidate for Member of the Central Bank Council: Possible Changes in Energy Prices Could Seriously Affect Armenia’s Macroeconomic Stability
In Armenia, confectionery, semi-finished products, and frozen foods will be included in the list of goods subject to labeling.
As of January 1, 2027, Armenia`s universal health insurance system will expand to cover more than 350,000 citizens
Developing a green bond market requires not only cooperation between all players, but also direct government participation
Deputy Prime Minister: The railway under the TRIPP project will be built along the same route it used during Soviet times
Ministry of Finance: It is too early to say what impact the implementation of the TRIPP project will have on Armenia`s state budget.
Digital Future and Sustainable Development: IDBank`s Chairman of the Management Board in an Interview with Forbes
Armenian companies will receive benefits when exporting services to the UAE market
The reporting procedure for public sector organizations will be streamlined in Armenia
Armenia and Poland discussed the possibility of expanding bilateral cooperation in the customs and tax spheres
Armenian Deputy Prime Minister Receives ADB Vice President
Idram and IDBank Support Innovative Solutions for Biodiversity Preservation. COP17
Read more

Exchange rates

02.11.2026

RUB	4.45	-0.04
USD	360.50	0.36
EUR	403.90	0.54
GBP	483.21	-0.46
CAD	257.83	-0.28
JPY	22.83	-0.08
CNY	54.22	0.09
CHF	439.05	0.44

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