News

Armenia`s gross international reserves reach record high of $5.863  billion by June 2026Armenia`s gross international reserves reach record high of $5.863  billion by June 2026
SRC: As of July 1, taxpayers who have not submitted VAT declarations  allowed to get registered and begin paymentsSRC: As of July 1, taxpayers who have not submitted VAT declarations  allowed to get registered and begin payments
EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in ArmeniaEBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia
RA premier announces his participation in INNOPROM 2026 exhibition to  be held in YekaterinburgRA premier announces his participation in INNOPROM 2026 exhibition to  be held in Yekaterinburg
Armenian energy expert skeptical of von der Leyen`s promises of  energy support for ArmeniaArmenian energy expert skeptical of von der Leyen`s promises of  energy support for Armenia
RA MTAI, Association of Mining and Metallurgy Industry of Armenia sign  memorandum of cooperation RA MTAI, Association of Mining and Metallurgy Industry of Armenia sign  memorandum of cooperation 
Armenia considering creating opportunities for qualified  organizations to participate in UN tourism programsArmenia considering creating opportunities for qualified  organizations to participate in UN tourism programs
EDB to support ZCMC`s production capacity expansion programEDB to support ZCMC`s production capacity expansion program
Iran-Armenia power line construction progress discussed in YerevanIran-Armenia power line construction progress discussed in Yerevan
Unblocking highways could spark increased interest among  international investors, says Prime MinisterUnblocking highways could spark increased interest among  international investors, says Prime Minister
Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBankThree-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank
Pashinyan: Export promotion agency formation underwayPashinyan: Export promotion agency formation underway
Armenian government expands subsidies for exporters of goods subject  to import restrictions in RussiaArmenian government expands subsidies for exporters of goods subject  to import restrictions in Russia
Coffee, a Break, and Up to 10% idcoin with Idram&IDBankCoffee, a Break, and Up to 10% idcoin with Idram&IDBank
RA SRC: H1 2026 budget revenue exceeds 1.5 trillion drams, marking  14.7% annual growthRA SRC: H1 2026 budget revenue exceeds 1.5 trillion drams, marking  14.7% annual growth
Armenian, EU officials advocated deepening cooperation in the energy  sectorArmenian, EU officials advocated deepening cooperation in the energy  sector
Armenia proposes revision of excise tax ratesArmenia proposes revision of excise tax rates
Visa Announces Visa Threat Intelligence Platform to Strengthen Cyber and Fraud DefenseVisa Announces Visa Threat Intelligence Platform to Strengthen Cyber and Fraud Defense
Non-cash card transactions in Armenia reach 62% of total volume by  April 2026Non-cash card transactions in Armenia reach 62% of total volume by  April 2026
Number of virtual POS terminals in Armenia nearing 6,000Number of virtual POS terminals in Armenia nearing 6,000
Armenian expert raises several issues related to IMEI system  implementation project in ArmeniaArmenian expert raises several issues related to IMEI system  implementation project in Armenia
RA ambassador to U.S.holds meetings with representatives of U.S.  companies operating in technology and semiconductor sector RA ambassador to U.S.holds meetings with representatives of U.S.  companies operating in technology and semiconductor sector
Armenia to host first-ever honey festivalArmenia to host first-ever honey festival
RA Armenian government discusses public investment programs.RA Armenian government discusses public investment programs.
Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026
Toxic surplus of  Russian ruble transforms this currency into heavy  and dangerous burden for banks within EAEU: the reaction is either  tightening conditions or outright refusalToxic surplus of  Russian ruble transforms this currency into heavy  and dangerous burden for banks within EAEU: the reaction is either  tightening conditions or outright refusal
Natural gas tariffs for Armenian consumers  remain unchangedNatural gas tariffs for Armenian consumers  remain unchanged
Armenia exploring AI and digital integration for urban planning and  project expertiseArmenia exploring AI and digital integration for urban planning and  project expertise
Meeting of Nexus-2 project competition committee held in KapanMeeting of Nexus-2 project competition committee held in Kapan
SCR JSC organizing second rail tour for European touristsSCR JSC organizing second rail tour for European tourists
Tallinn to host Made in Armenia Expo, aiming to develop  Armenian-Estonian economic cooperation Tallinn to host Made in Armenia Expo, aiming to develop  Armenian-Estonian economic cooperation
RA Ministry of Finance: Effective corporate governance in state-owned  companies one of the priority reform areas in ArmeniaRA Ministry of Finance: Effective corporate governance in state-owned  companies one of the priority reform areas in Armenia
Luys Foundation: Armenia slips in 2026 Energy Transition IndexLuys Foundation: Armenia slips in 2026 Energy Transition Index
Major UAE construction holding eyes large-scale projects in ArmeniaMajor UAE construction holding eyes large-scale projects in Armenia
AmCham Armenia to host 4th Regional Economic Summit of  American  Chambers of Commerce in Yerevan in 2027 AmCham Armenia to host 4th Regional Economic Summit of  American  Chambers of Commerce in Yerevan in 2027
Armenia`s health insurance system reaches 1.7 mln beneficiariesArmenia`s health insurance system reaches 1.7 mln beneficiaries
Moscow Park to be renovated: A Gift to Yerevan on IDBank`s 35th AnniversaryMoscow Park to be renovated: A Gift to Yerevan on IDBank`s 35th Anniversary
Investor Day 2026. LFG Brings Together International Investment Companies,  Financial Institutions, Investors, and AnalystsInvestor Day 2026. LFG Brings Together International Investment Companies,  Financial Institutions, Investors, and Analysts
IMEI not about control, but about trust - Nerses YeritsyanIMEI not about control, but about trust - Nerses Yeritsyan
RA Water Committee discusses safety of country`s reservoirs and  efficient use of water resourcesRA Water Committee discusses safety of country`s reservoirs and  efficient use of water resources
RA government to expand support for flower business to increase  exports - minister RA government to expand support for flower business to increase  exports - minister 
Ministry of Economy: Free trade agreements between Armenia and  several partner countries afford opportunities for developing  Armenian exportsMinistry of Economy: Free trade agreements between Armenia and  several partner countries afford opportunities for developing  Armenian exports
Armenia, France discuss prospects for developing trade and economic  cooperationArmenia, France discuss prospects for developing trade and economic  cooperation
Armenia, U.S. discuss opportunities to expand cooperation with major  American technology companiesArmenia, U.S. discuss opportunities to expand cooperation with major  American technology companies
Prospects for green hydrogen production development discussed in  Armenia Prospects for green hydrogen production development discussed in  Armenia
Petrosyan: Electric Networks of Armenia to be nationalized in  mid-July  Petrosyan: Electric Networks of Armenia to be nationalized in  mid-July 
Armenia to develop guidelines for implementing ESG standards in  winemakingArmenia to develop guidelines for implementing ESG standards in  winemaking
"Your smartphone is locked": IDBank warns of cyberextortion that turns your smartphone into a "brick"
Historic Record Set at ZCMC Blasting Site: 75 Years of Accident-Free OperationsHistoric Record Set at ZCMC Blasting Site: 75 Years of Accident-Free Operations
AraratBank Reports Growth in its SME Loan Portfolio in 2025AraratBank Reports Growth in its SME Loan Portfolio in 2025
AraratBank began dividend payouts today, June 29, with a total value  of 4 billion AMDAraratBank began dividend payouts today, June 29, with a total value  of 4 billion AMD
Ardshinbank Named Armenia’s Best Bank in Four Categories by the Global Banking & Finance Review AwardsArdshinbank Named Armenia’s Best Bank in Four Categories by the Global Banking & Finance Review Awards
AMIO Bank has launches initial public offering of AMD bonds totaling  AMD 3bln AMIO Bank has launches initial public offering of AMD bonds totaling  AMD 3bln 
Luys Foundation: Armenia`s foreign trade dynamics remains unstableLuys Foundation: Armenia`s foreign trade dynamics remains unstable
Economist: Russia`s restrictions on Armenian imports jeopardize  approximately $594mln worth of Armenian-made goodsEconomist: Russia`s restrictions on Armenian imports jeopardize  approximately $594mln worth of Armenian-made goods
Armenian Ministry of Finance presents fiscal policy priorities to  international investorsArmenian Ministry of Finance presents fiscal policy priorities to  international investors
Armenia and Iran announces start of construction of Kajaran TunnelArmenia and Iran announces start of construction of Kajaran Tunnel
U.S. Charge d`Affaires a.i. David Allen visits ContourGlobal`s GorisU.S. Charge d`Affaires a.i. David Allen visits ContourGlobal`s Goris
Armenia, Iran discuss modernization of border crossing pointArmenia, Iran discuss modernization of border crossing point
Armenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  declineArmenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  decline
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 Currency Market

 Indicators


Exchange rates
03.07.2026
RUB4.760.04
USD367.79-0.41
EUR421.010.93
GBP491.180.30
CAD259.230.06
JPY22.830.01
CNY54.240.02
CHF457.910.92




Experts
Economist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidthEconomist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidth
An Armenian expert assessed the risks in connection with the signing of a cooperation agreement between An Armenian expert assessed the risks in connection with the signing of a cooperation agreement between "Telecom Armenia" and "Azertelkom."
Armenia under incumbent premier to continue to work within EAEU -  expert Armenia under incumbent premier to continue to work within EAEU -  expert 
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Commented
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
Customs duties not to be charged for delivery of new trolleybuses to  ArmeniaCustoms 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 banksIn 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
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP