News

The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.
Martyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soon
Central Bank Governor: Excess demand observed in Armenia far exceeds GDP potential
Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
The European Parliament approved temporary measures to liberalize trade in relation to Armenian products
In January–August 2026, 1.467 million tourists visited Armenia.
A corresponding license will be required to organize games using gaming machines — State Revenue Committee
Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.
The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia
In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%
In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
Armenia and Egypt Discussed Opportunities for Expanding Economic Cooperation
The IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power Plant
Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.
The Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million drams
The Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not exist
On the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulation
A new model for managing state property is taking shape in Armenia
The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.
Armenia and Iran signed a protocol on the creation of a simplified customs corridor
In January–August this year, Turkey’s exports to Armenia amounted to $1.336 million
“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage
Supplies of Russian natural gas to Armenia will be temporarily suspended
The 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in Moscow
Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.
Team Telecom Armenia is the technology partner of the Tour of Armenia.
On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.
Creating sustainable cybersecurity capacity is a key prerequisite for Armenia’s digital transformation — Deputy Minister
The Armenian government will subsidize the interest rates on loans obtained by businesses to purchase grapes
Armenia’s State Revenue Committee and Uzbekistan’s Customs Committee establish cooperation
The Armenian government will allocate 1.09 billion drams for the repair and construction of roads leading to the republic’s schools.
The Government of the Republic of Armenia allocated funds to cover the expenses of high-ranking representatives from 74 countries who will participate in COP-17.
EIB to Assist Armenia in Preparing a Road Safety Program
Armenia and Iraqi Kurdistan Discussed Opportunities for Developing Trade and Economic Cooperation
Polish mining company KGHM is interested in cooperation with Armenian partners.
Azerbaijani Foreign Minister: Work on the TRIPP project is planned to begin in the first months of 2027
The Eurasian Economic Commission Council amended the EAEU`s Uniform Quarantine and Phytosanitary Requirements.
The Minister of Economy of the Republic of Armenia discussed the industry`s problems with representatives of enterprises producing reinforcing steel.
The Economy Minister Discussed Greenhouse Rose Cultivation Issues with Producers
Deputy Prime Minister of the Republic of Armenia Participated in the Regular Meeting of the Council of the Eurasian Economic Commission
UATE discussed with the Ministry of Technology and Industry the possibility of implementing joint initiatives
Turk-Internet.com: The Firebird project in combination with TRIPP may change not only the transportation but also the digital map of the South Caucasus
Central Bank: Improving the basic skills of future generations could bring Armenia benefits equivalent to five times its annual GDP
Armenia Substantially Reduces Gold Exports and Imports for the Second Consecutive Year
Diamond exports and imports are declining at double-digit rates
Poland opens its market to Armenian agricultural products amid export difficulties - meeting at the RA Foreign Ministry
Visa Visitor Dynamics Research Reveals New Trends in Armenia`s Tourism Sector
MTUI submitted for public discussion a draft government resolution "On the recognition of the preferential right of public interest to 100% of the shares of ESA CJSC"
Armenia`s economy may face serious problems - Narek Karapetyan
The development of the Armenian economy in the first half of 2026 was also influenced by the measures taken by the Central Bank of the country
Vahe Hovhannisyan: Economic processes taking place in Armenia correspond to the RA government`s forecasts
The services sector continues to grow at double-digit rates
The RA State Revenue Committee is not constrained by the issue of Narek Nalbandyan`s business - Eduard Hakobyan
Finance Minister: Armenia`s public debt as of June 30 amounted to $13.9 billion
A seminar dedicated to the issue of preserving and transferring critical knowledge in the nuclear industry has opened in Yerevan
Armenia`s trade sector growth slowed
On September 12, a meeting between representatives of Armenia and Iran will take place on the Iranian-Armenian border
In 2027, the Armenian NPP will be shut down for scheduled preventive maintenance for 55 days — Director General
Read more

Currency Market

Indicators

Central Bank Governor: Excess demand observed in Armenia far exceeds GDP potential

Tuesday, September 15 2026 18:29:05

ArmInfo. Demand in Armenia has expanded significantly, bringing with it inflationary risks. This was stated by Martyn Galstyan, Chairman of the Central Bank of Armenia, during a press conference on September 15.

Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate Tuesday, September 15 2026 17:52 ArmInfo. Pronounced excess-demand factors prompted the Central Bank of Armenia to raise the refinancing rate. Chairman of the Central Bank of the Republic of Armenia Martin Galstyan stated this on September 15 during a press conference convened to present the rationale for the decision by the Central Bank Board to raise the key rate from 6.5% to 6.75%, after keeping it unchanged for nine months. >>>
The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%. Tuesday, September 15 2026 14:52 ArmInfo. The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%, after nine months of no change. This decision was made on September 15 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 8.25% and on deposits attracted from banks to 5.25%. >>>
Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia Tuesday, September 15 2026 14:15 ArmInfo. IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card. >>>
On the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulation Monday, September 14 2026 16:36 ArmInfo. The Central Bank of Armenia put into circulation a silver commemorative coin entitled “35th Anniversary of the Republic of Armenia” on September 14, 2026. As noted in the statement by the CBA, the coin, with a face value of 5,000 drams, is made of 925 sterling silver. The sketches were designed by Eduard Kurginyan. The coin was minted at the Lithuanian Mint. >>>
Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference. Friday, September 11 2026 20:37 ArmInfo. Ameriabank participated in the international conference 4Future Banking 2026, presenting the bank's technological and customer experience solutions. The event brought together representatives from the financial, banking, and technology sectors to discuss key developments in the financial sector, the impact of new technologies on banking services, and new opportunities for shaping the financial ecosystems of the future. The key topic of the event was "Integrated Customer Experience: The Ecosystem of the Future." >>>
On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11. Friday, September 11 2026 17:43 ArmInfo. On Armenia’s foreign exchange interbank market, dollar transactions declined from September 7 to 11, while ruble transactions increased. Alongside this, no euro transactions were conducted for the second week in a row. In particular, the weekly volume of dollar transactions decreased by 13.3%, while the trend in ruble transactions shifted from a 47% decline to 30.2% growth. This enabled the weekly volume of ruble transactions to retain its lead over dollar transactions, with the gap increasing from 1.4 times to 2.2 times. >>>
Finance Minister: Armenia`s public debt as of June 30 amounted to $13.9 billion Wednesday, September 9 2026 15:16 ArmInfo. Armenia's public debt as of June 30 amounted to 5 trillion 116 billion drams, and 13 billion 900 million in US dollars. This was announced on September 9 by RA Finance Minister Vahe Hovhannisyan at a meeting of the National Assembly Committee on Financial, Credit, and Budgetary Affairs. >>>
EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter Tuesday, September 8 2026 17:16 ArmInfo.The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX). >>>
A VISA representative expressed satisfaction with the Armenian banking system and the Armenian government`s policy on developing cashless circulation Tuesday, September 8 2026 15:33 ArmInfo. On September 8, RA Deputy Prime Minister Mher Grigoryan received a delegation led by VISA Regional Director for Central Europe, Middle East, and Africa, Tarik Mahmud. >>>
Hamlet Sahakyan appointed Deputy Minister of Finance of the Republic of Armenia Monday, September 7 2026 15:41 ArmInfo. Hamlet Sahakyan has been appointed Deputy Minister of Finance of the Republic of Armenia. The appointment was signed by Prime Minister Nikol Pashinyan on September 7. The government's press service reported this. >>>
From August 31 to September 4, dollar transactions were more active than ruble transactions on the Armenian interbank currency market. Friday, September 4 2026 17:43 ArmInfo. From August 31 to September 4, dollar transactions were more active than ruble transactions on the Armenian Interbank Currency Market. At the same time, euro transactions ceased. Specifically, dollar transactions remained at the same volume as the previous week, while ruble transactions reversed from a 24% increase to a 47% decline. Nevertheless, the weekly volume of ruble transactions retained its dominance over dollar transactions, but the gap significantly narrowed from 3 times to 1.4 times. >>>
IDBank Warns of a New Extortion Scheme on Telegram Friday, September 4 2026 16:59 ArmInfo.A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia. Scammers are leveraging the messenger's features alongside psychological pressure to blackmail users and extort money in exchange for maintaining access to their accounts. >>>
Payment systems Arca and UnionPay International signed a cooperation agreement on online payment acceptance. Friday, September 4 2026 16:45 ArmInfo. The Armenian national payment system Arca and the Chinese UnionPay International (UPI) have signed a cooperation agreement on online payment acceptance. According to a statement from Arca, the document was signed on September 3 in China. >>>
“Orran” Students Start the New Academic Year with Support from “The Power of One Dram” Thursday, September 3 2026 20:13 ArmInfo.On September 1, students of the “Orran” charitable NGO welcomed the new academic year with all the necessary school supplies, with the support of “The Power of One Dram” initiative. >>>
Registration Open for the Second Investment and Financial Forum of Armenia 2026 Wednesday, September 2 2026 11:08 ArmInfo. Registration is now open for Armenia’s Second Investment and Financial Forum. The forum, titled “The Moment of Opportunity: Armenia in the New Architecture of Global Markets,” will take place on September 30, 2026, at Dvin Music Hall in Yerevan. >>>
Dollarization rate of demand deposits up since May 2026, while declining in loans and term deposits Monday, August 31 2026 17:11 ArmInfo. In Armenia, the dollarization rate of demand deposits has increased since May 2026, from 36.8% to 42.3% in July, while continuing to decrease in loans and term deposits, with the dram component remaining dominant in these portfolios. This is evidenced by data from the Central Bank of Armenia, calculated based on indicators of banks and credit companies. >>>
Armenia`s gross international reserves reach new record high of $6.189bln by August 2026 Monday, August 31 2026 17:10 ArmInfo.Armenia's gross international reserves (GIR) increased by 52.1% year-on-year, or $2.119 billion, in August 2026, setting a new record of $6.189 billion. In the same period of 2025, growth was more modest, at 19.3%, or $658.8 million, reaching $4.070 billion. In July alone, GIR increased slightly, by 5% (or $289.7 million), compared to a modest 0.5% (or $22.2 million) growth a year earlier. >>>
Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank Friday, August 28 2026 18:23 ArmInfo.When we talk about salary, we usually focus first and foremost on how much we earn. But have you ever considered that two people with the same income can have significantly different financial situations? >>>
On the Armenian interbank currency market from August 24 to 28, a decline in dollar transactions was accompanied by an increase in euro and ruble transactions. Friday, August 28 2026 18:21 ArmInfo. On the Armenian interbank currency market from August 24 to 28, ruble activity and a significant jump in euro transactions were accompanied by a significant decline in dollar transactions. >>>
Leading volume of transfers comes to Armenia from Russia, while they flow out to US and UAE Friday, August 28 2026 14:48 ArmInfo. The net inflow of private transfers to Armenia in the first half of 2026 showed a significant annual increase of 2.3 times (from a 1.3% decline a year ago), reaching $1.4 billion. Meanwhile, the net inflow of non-commercial transfers increased by 21.7% (almost the same as a year ago - 22.6%), reaching $380.4 million. The share of non-commercial transfers in the total net inflow decreased to 28% (after increasing a year ago from 43% to 53%). This is evidenced by data from the Central Bank of Armenia. >>>

News

The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.
Martyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soon
Central Bank Governor: Excess demand observed in Armenia far exceeds GDP potential
Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
The European Parliament approved temporary measures to liberalize trade in relation to Armenian products
In January–August 2026, 1.467 million tourists visited Armenia.
A corresponding license will be required to organize games using gaming machines — State Revenue Committee
Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.
The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia
In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%
In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
Armenia and Egypt Discussed Opportunities for Expanding Economic Cooperation
The IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power Plant
Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.
The Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million drams
The Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not exist
On the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulation
A new model for managing state property is taking shape in Armenia
The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.
Armenia and Iran signed a protocol on the creation of a simplified customs corridor
In January–August this year, Turkey’s exports to Armenia amounted to $1.336 million
“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage
Supplies of Russian natural gas to Armenia will be temporarily suspended
The 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in Moscow
Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.
Team Telecom Armenia is the technology partner of the Tour of Armenia.
On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.
Creating sustainable cybersecurity capacity is a key prerequisite for Armenia’s digital transformation — Deputy Minister
The Armenian government will subsidize the interest rates on loans obtained by businesses to purchase grapes
Armenia’s State Revenue Committee and Uzbekistan’s Customs Committee establish cooperation
The Armenian government will allocate 1.09 billion drams for the repair and construction of roads leading to the republic’s schools.
The Government of the Republic of Armenia allocated funds to cover the expenses of high-ranking representatives from 74 countries who will participate in COP-17.
EIB to Assist Armenia in Preparing a Road Safety Program
Armenia and Iraqi Kurdistan Discussed Opportunities for Developing Trade and Economic Cooperation
Polish mining company KGHM is interested in cooperation with Armenian partners.
Azerbaijani Foreign Minister: Work on the TRIPP project is planned to begin in the first months of 2027
The Eurasian Economic Commission Council amended the EAEU`s Uniform Quarantine and Phytosanitary Requirements.
The Minister of Economy of the Republic of Armenia discussed the industry`s problems with representatives of enterprises producing reinforcing steel.
The Economy Minister Discussed Greenhouse Rose Cultivation Issues with Producers
Deputy Prime Minister of the Republic of Armenia Participated in the Regular Meeting of the Council of the Eurasian Economic Commission
UATE discussed with the Ministry of Technology and Industry the possibility of implementing joint initiatives
Turk-Internet.com: The Firebird project in combination with TRIPP may change not only the transportation but also the digital map of the South Caucasus
Central Bank: Improving the basic skills of future generations could bring Armenia benefits equivalent to five times its annual GDP
Armenia Substantially Reduces Gold Exports and Imports for the Second Consecutive Year
Diamond exports and imports are declining at double-digit rates
Poland opens its market to Armenian agricultural products amid export difficulties - meeting at the RA Foreign Ministry
Visa Visitor Dynamics Research Reveals New Trends in Armenia`s Tourism Sector
MTUI submitted for public discussion a draft government resolution "On the recognition of the preferential right of public interest to 100% of the shares of ESA CJSC"
Armenia`s economy may face serious problems - Narek Karapetyan
The development of the Armenian economy in the first half of 2026 was also influenced by the measures taken by the Central Bank of the country
Vahe Hovhannisyan: Economic processes taking place in Armenia correspond to the RA government`s forecasts
The services sector continues to grow at double-digit rates
The RA State Revenue Committee is not constrained by the issue of Narek Nalbandyan`s business - Eduard Hakobyan
Finance Minister: Armenia`s public debt as of June 30 amounted to $13.9 billion
A seminar dedicated to the issue of preserving and transferring critical knowledge in the nuclear industry has opened in Yerevan
Armenia`s trade sector growth slowed
On September 12, a meeting between representatives of Armenia and Iran will take place on the Iranian-Armenian border
In 2027, the Armenian NPP will be shut down for scheduled preventive maintenance for 55 days — Director General
Read more

Exchange rates

15.09.2026

RUB	4.31	0.01
USD	364.18	0.90
EUR	420.08	0.85
GBP	490.73	0.77
CAD	261.68	0.23
JPY	23.52	0.01
CNY	54.26	0.10
CHF	445.15	0.77

Experts

Kassym-Mazhen Nurbekuly: Kazakhstan and Armenia have ample opportunities for digital cooperation
Political scientist: Armenia`s food security is under threat due to government inaction
Expert: Visa regime with Russia as part of Armenia`s EU rapprochement poses risks for tourism sector
Read more

Commented

RA government to allocate AMD 1.035bln more to co-finance subvention programs in the country`s regions
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
Customs duties not to be charged for delivery of new trolleybuses to Armenia
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks