The net inflow of transfers to Armenia has jumped several-fold, and the dominant volume continues to come from Russia.

 Wednesday, November 4 2026 16:55:24
The net inflow of transfers to Armenia has jumped several-fold, and the dominant volume continues to come from Russia.

ArmInfo. The net inflow of private transfers to Armenia in January-September 2026 jumped 2.2 times (versus 15.5% growth a year ago), exceeding $2.2 billion. Moreover, for non-commercial transfers, the net inflow slowed in annual growth from 25% to 16%, amounting to $604.8 million. The share of the latter in the total net inflow decreased significantly over the year from 51% to 27% (versus 67% in 2022). This is evidenced by data from the Central Bank of the Republic of Armenia.

The Ministry of Regional Development received a delegation from the European Bank for Reconstruction and Development.
 Tuesday, November 3 2026 19:34

ArmInfo. Arnak Avetisyan, Deputy Minister of Territorial Administration and Infrastructure of Armenia, received a delegation from the European Bank for Reconstruction and Development (EBRD), led by Tea Melikdze, Regional Head of Infrastructure for the Caucasus.

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The Central Bank of Armenia: Further expansion of external demand creates risks of excess supply, leading to weakening consumer and investor confidence
 Tuesday, November 3 2026 19:31

ArmInfo. There are signs of expanding external demand, primarily reflected in the increase in the number and duration of visits to Armenia, which creates significant risks of accelerated growth in wages and service prices in various sectors.

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IDBank and Idram Hold Financial Literacy Session for Young Chess Players
 Tuesday, November 3 2026 17:58

ArmInfo.IDBank and Idram continue their series of financial literacy sessions. This time, the participants were young chess players from the Malatia-Sebastia Children and Youth Sports School.

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Martyn Galstyan: Sensitivity analysis showed that if gas prices rise by 10%, inflation will increase by 0.8%, but it is unclear whether there will be a linear relationship.
 Tuesday, November 3 2026 17:50

ArmInfo. According to a sensitivity analysis conducted by the Central Bank of Armenia, a 10% increase in gas prices would increase inflation in the country by 0.8%, but it is still unclear whether the relationship would be linear. Central Bank Chairman Martin Galstyan announced this at a press conference on November 3, explaining that this would directly and indirectly affect the consumer basket: directly through changes in gas prices, and indirectly through the gas component in electricity.

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The Armenian Parliament will receive 7.6 billion drams in 2027.
 Tuesday, November 3 2026 16:27

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.

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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%.

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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.

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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:

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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.

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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.

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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․

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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.

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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).

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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.

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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.

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«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.

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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.

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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.

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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.

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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.

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News
Armenia and Iran discussed cooperation in urban development.Armenia and Iran discussed cooperation in urban development.
Armenia and Estonia discussed prospects for cooperation in microelectronics and semiconductor technologiesArmenia and Estonia discussed prospects for cooperation in microelectronics and semiconductor technologies
The net inflow of transfers to Armenia has jumped several-fold, and the dominant volume continues to come from Russia.The net inflow of transfers to Armenia has jumped several-fold, and the dominant volume continues to come from Russia.
The Armenian Foreign Ministry: Benefits for Armenian goods from the evening of November 3 are fully reflected in the EU Integrated Customs Tariff system.The Armenian Foreign Ministry: Benefits for Armenian goods from the evening of November 3 are fully reflected in the EU Integrated Customs Tariff system.
State health insurance is successfully replacing voluntary health insurance – insurance analyticsState health insurance is successfully replacing voluntary health insurance – insurance analytics
Anahit Avanesyan: Healthcare expenditures in Armenia`s draft state budget for 2027 will increase significantlyAnahit Avanesyan: Healthcare expenditures in Armenia`s draft state budget for 2027 will increase significantly
The Ministry of Regional Development received a delegation from the European Bank for Reconstruction and Development.The Ministry of Regional Development received a delegation from the European Bank for Reconstruction and Development.
The Central Bank of Armenia: Further expansion of external demand creates risks of excess supply, leading to weakening consumer and investor confidenceThe Central Bank of Armenia: Further expansion of external demand creates risks of excess supply, leading to weakening consumer and investor confidence
The UAE is ready to deepen cooperation with Armenia in the energy sector.The UAE is ready to deepen cooperation with Armenia in the energy sector.
IDBank and Idram Hold Financial Literacy Session for Young Chess PlayersIDBank and Idram Hold Financial Literacy Session for Young Chess Players
Effective Partnerships for Nature: Team Organizes Panel Discussion at COP17Effective Partnerships for Nature: Team Organizes Panel Discussion at COP17
Martyn Galstyan: Sensitivity analysis showed that if gas prices rise by 10%, inflation will increase by 0.8%, but it is unclear whether there will be a linear relationship.Martyn Galstyan: Sensitivity analysis showed that if gas prices rise by 10%, inflation will increase by 0.8%, but it is unclear whether there will be a linear relationship.
The Armenian Parliament will receive 7.6 billion drams in 2027.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 CouncilThe 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%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 2027Minister: 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 ArmeniaIn 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 countriesThe 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.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 remainHead 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 AzerbaijanOppositionist: 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.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 ArmeniaFinance Minister: There is currently no official information about increasing gas prices for Armenia
Yerevan to host Silicon Mountains 2026, an international technology summit and exhibitionYerevan 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.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.Experts at the EFSD conference assessed the growth potential of Eurasian economies.
EU-backed reforms to Armenia`s energy market are being discussed in YerevanEU-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.Stagnation in premiums has slowed net profit growth in the Armenian insurance market.
IDBank has issued perpetual coupon bonds for the first timeIDBank 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 2027Head 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 pointsIn 2027, it is planned to improve the GDP-to-taxes ratio by 0.6 percentage points
RA Prime Minister: State budget revenues are never highRA Prime Minister: State budget revenues are never high
Armenia`s gross international reserves approach $7 billion, setting a new record by October 2026Armenia`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 discussedPossibilities 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.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 SignedIDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed
IDBank and Idram Presented Several Environmental Initiatives at COP17IDBank 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 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 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.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.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 economyEconomist: 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 cooperationArmenia 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 dramsMartin 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.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 ArmeniaSevak Mikaelyan became a member of the Board of the Central Bank of Armenia
Yerevan became the cheapest foreign holiday destination for Russians in November.Yerevan became the cheapest foreign holiday destination for Russians in November.
Armenia and Iran intend to intensify cooperation in the field of high technologiesArmenia 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«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 BrusselsThe 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 potentialThe RA Ambassador to the United States presented Armenia`s investment potential
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine             Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine            
First Steps in Your Career with IDBank: 16th Cycle of IDream LaunchedFirst Steps in Your Career with IDBank: 16th Cycle of IDream Launched
Rate.Trading. New Digital Culture of Currency ExchangeRate.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.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.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.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 cycleParticipants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
EFSD: Increased economic activity will help Armenia respond to demographic challengesEFSD: Increased economic activity will help Armenia respond to demographic challenges
Armenia and Norway expressed interest in expanding economic cooperationArmenia and Norway expressed interest in expanding economic cooperation
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Exchange rates
04.11.2026
RUB4.39-0.04
USD360.120.05
EUR405.032.33
GBP485.412.48
CAD257.970.02
JPY22.72-0.05
CNY53.960.00
CHF440.510.54




Experts
Expert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning itExpert: 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 IranExpert: 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 economyPolitician: 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 literPolitician: 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 regionsRA 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 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 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 systemFor first time, institution of restructuring insolvent banks is being  introduced in Armenian banking system