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.
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.
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.
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.
ArmInfo. Inflation of 4.4% was recorded in the Armenian consumer market in August 2026 compared to August 2025 (against the inflation rate of 3.6% a year ago), mainly caused by the rise in food prices. For the first 8 months of 2026, inflation amounted to 1.9% (against last year's inflation of 0.8% in the same period), which was largely due to the continuing rise in prices for services and partly due to the increase in food prices. According to the Statistical Committee of the Republic of Armenia, in August of this year alone, Inflation was recorded at 0.2% (the same as the same month a year earlier), driven by a more noticeable increase in service prices of 1.3% (compared to 0.3% a year ago) and continued growth in non-food prices of 0.4%, with a seasonal decline in food prices of 0.8% (compared to unchanged prices in August 2025).
ArmInfo. Inflation of 4.4% was recorded in the Armenian consumer market in August 2026 compared to August 2025 (against the inflation rate of 3.6% a year ago), mainly caused by the rise in food prices. For the first 8 months of 2026, inflation amounted to 1.9% (against last year's inflation of 0.8% in the same period), which was largely due to the continuing rise in prices for services and partly due to the increase in food prices. According to the Statistical Committee of the Republic of Armenia, in August of this year alone, Inflation was recorded at 0.2% (the same as the same month a year earlier), driven by a more noticeable increase in service prices of 1.3% (compared to 0.3% a year ago) and continued growth in non-food prices of 0.4%, with a seasonal decline in food prices of 0.8% (compared to unchanged prices in August 2025).
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.
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.
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.
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.