News

From August 31 to September 4, dollar transactions were more active than ruble transactions on the Armenian interbank currency market.From August 31 to September 4, dollar transactions were more active than ruble transactions on the Armenian interbank currency market.
The Armenia EXPO 2026 international forum and exhibition opened in YerevanThe Armenia EXPO 2026 international forum and exhibition opened in Yerevan
IDBank Warns of a New Extortion Scheme on TelegramIDBank Warns of a New Extortion Scheme on Telegram
Payment systems Arca and UnionPay International signed a cooperation agreement on online payment acceptance.Payment systems Arca and UnionPay International signed a cooperation agreement on online payment acceptance.
A glass processing plant has opened in Armenia, with total investment exceeding $20 million.A glass processing plant has opened in Armenia, with total investment exceeding $20 million.
Cipriani Group is considering investment opportunities in YerevanCipriani Group is considering investment opportunities in Yerevan
The second power unit of the Armenian Nuclear Power Plant has been connected to the country`s unified power grid after a five-month shutdownThe second power unit of the Armenian Nuclear Power Plant has been connected to the country`s unified power grid after a five-month shutdown
Armenia and Turkmenistan note the importance of expanding trade and economic ties and taking consistent steps in this direction.Armenia and Turkmenistan note the importance of expanding trade and economic ties and taking consistent steps in this direction.
The State Revenue Committee of Armenia has identified a particularly large case of tax evasion in the trade sector.The State Revenue Committee of Armenia has identified a particularly large case of tax evasion in the trade sector.
The Ministry of Technology and Industry discussed new areas of cooperation with the World BankThe Ministry of Technology and Industry discussed new areas of cooperation with the World Bank
Armenian businesses account for less than three percent of the number of companies with foreign participation in RussiaArmenian businesses account for less than three percent of the number of companies with foreign participation in Russia
“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”
Following Russian restrictions, Armenia exported 30,000 tons of fruits and vegetables to new markets – PapoyanFollowing Russian restrictions, Armenia exported 30,000 tons of fruits and vegetables to new markets – Papoyan
Pashinyan: The issue of constructing a nuclear power plant is not a matter of geopolitical choice for the Armenian sidePashinyan: The issue of constructing a nuclear power plant is not a matter of geopolitical choice for the Armenian side
In Armenia, the minimum threshold for VAT refunds on exported goods purchased by foreign citizens in the country will be revised.In Armenia, the minimum threshold for VAT refunds on exported goods purchased by foreign citizens in the country will be revised.
Yerevan is discussing with Moscow the issue of its participation in the construction of the Ajapnyak metro station.Yerevan is discussing with Moscow the issue of its participation in the construction of the Ajapnyak metro station.
Inflation in Armenia`s consumer market remains outside the targetInflation in Armenia`s consumer market remains outside the target
Russia`s low-power nuclear power plants are unrivaled in the world, says Vladimir Putin.Russia`s low-power nuclear power plants are unrivaled in the world, says Vladimir Putin.
Armenia will attract an additional $293 million from the ADB for the implementation of the third program for the construction of seismically resistant schoolsArmenia will attract an additional $293 million from the ADB for the implementation of the third program for the construction of seismically resistant schools
A simplified customs corridor will be established between Armenia and IranA simplified customs corridor will be established between Armenia and Iran
The OPEC Fund for International Development will provide Armenia with a loan of 80 million euros aimed at supporting the state budgetThe OPEC Fund for International Development will provide Armenia with a loan of 80 million euros aimed at supporting the state budget
The Government of the Republic of Armenia has approved another program to support agricultural exportersThe Government of the Republic of Armenia has approved another program to support agricultural exporters
Rosatom CEO: Armenia`s plans to deploy small modular reactors may shift to gigawatt-capacity reactorsRosatom CEO: Armenia`s plans to deploy small modular reactors may shift to gigawatt-capacity reactors
Russia remains the main supplier of wheat, corn and wheat flour for Armenia.Russia remains the main supplier of wheat, corn and wheat flour for Armenia.
Alexey Overchuk rejected Pashinyan`s claims about Russian Railways being Alexey Overchuk rejected Pashinyan`s claims about Russian Railways being "toxic" to Armenia.
Papoyan: We continue to search for new marketsPapoyan: We continue to search for new markets
Armenia moderately reduced wine exports in 2025, while significantly increasing imports.Armenia moderately reduced wine exports in 2025, while significantly increasing imports.
Mexico and the United States are the main suppliers of cars to ArmeniaMexico and the United States are the main suppliers of cars to Armenia
The EU gives the green light to imports of products from ArmeniaThe EU gives the green light to imports of products from Armenia
TOUR EXPO 2026: Yerevan to Host International Tourism, Travel, and Hospitality ExhibitionTOUR EXPO 2026: Yerevan to Host International Tourism, Travel, and Hospitality Exhibition
Gevork Papoyan has a new deputy, he is an Oxford graduateGevork Papoyan has a new deputy, he is an Oxford graduate
Anushik Avetyan appointed Chairperson of the RA Tourism CommitteeAnushik Avetyan appointed Chairperson of the RA Tourism Committee
The volume of foreign trade rail freight traffic between Russia and Armenia increased by 63.4%, according to the Russian Ministry of TransportThe volume of foreign trade rail freight traffic between Russia and Armenia increased by 63.4%, according to the Russian Ministry of Transport
Registration Open for the Second Investment and Financial Forum of Armenia 2026Registration Open for the Second Investment and Financial Forum of Armenia 2026
Representatives of the Armenian Nuclear Power Plant and the Slovenian Electric Power Company note the importance of exchanging experience and best practicesRepresentatives of the Armenian Nuclear Power Plant and the Slovenian Electric Power Company note the importance of exchanging experience and best practices
Russia and Iran are the main importers of natural gas to Armenia.Russia and Iran are the main importers of natural gas to Armenia.
Russia`s Transport Minister: Armenia is not formally refusing anything regarding the concession issue.Russia`s Transport Minister: Armenia is not formally refusing anything regarding the concession issue.
In 2025, aluminum foil exports from Armenia decreased by 5.2%, while customs value increased by 20.8%.In 2025, aluminum foil exports from Armenia decreased by 5.2%, while customs value increased by 20.8%.
Dismantling of the Main Post Office building has begun on Saryan StreetDismantling of the Main Post Office building has begun on Saryan Street
The Russian Federation is very scrupulous about fulfilling all the conditions of the concession for Armenian railways.The Russian Federation is very scrupulous about fulfilling all the conditions of the concession for Armenian railways.
In 2025, Armenia increased its import of petroleum products, expanding its supply marketsIn 2025, Armenia increased its import of petroleum products, expanding its supply markets
Bulgarian airline GullivAir will launch a regular direct flight on the Sofia-Yerevan-Sofia routeBulgarian airline GullivAir will launch a regular direct flight on the Sofia-Yerevan-Sofia route
Armenia has reduced sugar imports, with Brazil and Russia remaining its main suppliers.Armenia has reduced sugar imports, with Brazil and Russia remaining its main suppliers.
Armenia has significantly reduced its diamond exports and imports.Armenia has significantly reduced its diamond exports and imports.
Gold exports and imports, after a multiple increase in 2024, decreased by 82.2-75.7% in 2025Gold exports and imports, after a multiple increase in 2024, decreased by 82.2-75.7% in 2025
Dollarization rate of demand deposits up since May 2026, while  declining in loans and term depositsDollarization rate of demand deposits up since May 2026, while  declining in loans and term deposits
RA premier highlights need to develop trade and economic cooperation  between Armenia and TajikistanRA premier highlights need to develop trade and economic cooperation  between Armenia and Tajikistan
Armenia`s gross international reserves reach new record high of  $6.189bln by August 2026Armenia`s gross international reserves reach new record high of  $6.189bln by August 2026
Over 200 teenagers from 15 countries participate in annual TUMO camp  with Team support Over 200 teenagers from 15 countries participate in annual TUMO camp  with Team support 
Lydian Armenia to allocate over $100mln to communities affected by  Amulsar gold mine development programLydian Armenia to allocate over $100mln to communities affected by  Amulsar gold mine development program
EDB expects strong economic activity in Armenia to continue in 2026,  driven by domestic sources of growthEDB expects strong economic activity in Armenia to continue in 2026,  driven by domestic sources of growth
Tehran calls for removal of all obstacles to transit of goods and  people through Nurduz border crossing on Iranian-Armenian borderTehran calls for removal of all obstacles to transit of goods and  people through Nurduz border crossing on Iranian-Armenian border
RA  Minister of Economy highlights importance of diplomatic missions`  active participation in advancing economic diplomacy agendaRA  Minister of Economy highlights importance of diplomatic missions`  active participation in advancing economic diplomacy agenda
Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBankSalary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank
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.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.
Expert: Armenian authorities consider imports from Azerbaijan as  alternative to developing domestic generationExpert: Armenian authorities consider imports from Azerbaijan as  alternative to developing domestic generation
Leading volume of transfers comes to Armenia from Russia, while they  flow out to US and UAELeading volume of transfers comes to Armenia from Russia, while they  flow out to US and UAE
David Khudatyan to participate in international maritime forum in  BatumiDavid Khudatyan to participate in international maritime forum in  Batumi
RA vice-premier, Minister of the Eurasian Economic Commission discuss  work to remove technical barriersRA vice-premier, Minister of the Eurasian Economic Commission discuss  work to remove technical barriers
In Armenia, non-cash card transactions reached $6.3 billion in first  half of 2026, 61% of total In Armenia, non-cash card transactions reached $6.3 billion in first  half of 2026, 61% of total
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 Currency Market

 Indicators


Eurasian Economic Commission grants Armenia additional 5,000  duty-free EV import quotas
 Friday, August 7 2026 18:49

ArmInfo.The Council of the Eurasian Economic Commission (EEC) has allocated an additional quota to Armenia for the duty-free import of electric vehicles. Gevorg Papoyan, Armenia's Minister of Economy, announced this update in a video posted on his official Facebook page.

Eurasian Economic Commission grants Armenia additional 5,000  duty-free EV import quotas
 Friday, August 7 2026 18:49

ArmInfo.The Council of the Eurasian Economic Commission (EEC) has allocated an additional quota to Armenia for the duty-free import of electric vehicles. Gevorg Papoyan, Armenia's Minister of Economy, announced this update in a video posted on his official Facebook page.

Samvel Karapetyan calls  trade reduction with Russia  a "success" of  Armenian authorities
 Thursday, August 6 2026 17:15

ArmInfo.The reduction of trade turnover between Russia and Armenia by two-thirds  compared to last year is a "success" of this incompetent government, as stated by businessman Samvel Karapetyan, leader of the "Strong Armenia" bloc, to journalists on August 6 before a regular meeting, in response to a  statement by Russian Deputy Prime Minister Alexei Overchuk.

Samvel Karapetyan calls  trade reduction with Russia  a "success" of  Armenian authorities
 Thursday, August 6 2026 17:15

ArmInfo.The reduction of trade turnover between Russia and Armenia by two-thirds  compared to last year is a "success" of this incompetent government, as stated by businessman Samvel Karapetyan, leader of the "Strong Armenia" bloc, to journalists on August 6 before a regular meeting, in response to a  statement by Russian Deputy Prime Minister Alexei Overchuk.

The Armenian Embassy in Georgia: Supplies of Armenian agricultural products to the Georgian market continue to expand.
 Friday, July 31 2026 20:14

ArmInfo. Exports of Armenian agricultural products to Georgia continue to expand. This was reported by the press service of the Armenian Embassy in Georgia.

Expert: No overheating on  real estate rental market
 Friday, July 31 2026 18:28

ArmInfo. Recent reports circulating in Armenian and Russian media regarding a sharp surge in demand for Yerevan apartments by Russian citizens—allegedly driving up rental prices—are speculative and inaccurate, according to real  estate expert Rustam Grigoryan.

Gevorg Papoyan: Not a single kilogram of tomatoes will remain in the fields
 Friday, July 31 2026 18:39

ArmInfo. As in the previous year and the year before, not a single kilogram of tomatoes will remain in Armenia's fields. Armenian Minister of Economy Gevorg Papoyan assured journalists of this.

The Armenian Embassy in Georgia: Supplies of Armenian agricultural products to the Georgian market continue to expand.
 Friday, July 31 2026 20:14

ArmInfo. Exports of Armenian agricultural products to Georgia continue to expand. This was reported by the press service of the Armenian Embassy in Georgia.

Expert: No overheating on  real estate rental market
 Friday, July 31 2026 18:28

ArmInfo. Recent reports circulating in Armenian and Russian media regarding a sharp surge in demand for Yerevan apartments by Russian citizens—allegedly driving up rental prices—are speculative and inaccurate, according to real  estate expert Rustam Grigoryan.

Gevorg Papoyan: Not a single kilogram of tomatoes will remain in the fields
 Friday, July 31 2026 18:39

ArmInfo. As in the previous year and the year before, not a single kilogram of tomatoes will remain in Armenia's fields. Armenian Minister of Economy Gevorg Papoyan assured journalists of this.

Exchange rates
04.09.2026
RUB4.210.01
USD363.85-0.34
EUR422.870.34
GBP492.360.99
CAD263.56-0.25
JPY23.28-0.01
CNY54.220.02
CHF449.75-0.26




Experts
Expert: Visa regime with Russia as part of Armenia`s EU rapprochement  poses risks for  tourism sector Expert: Visa regime with Russia as part of Armenia`s EU rapprochement  poses risks for  tourism sector 
From Small Armenia to the World of Global InsuranceFrom Small Armenia to the World of Global Insurance
Amendments to Law on Structure and Activities of Government adopted  by Armenian Cabinet raise a number of problematic issues - expert  Amendments to Law on Structure and Activities of Government adopted  by Armenian Cabinet raise a number of problematic issues - expert 
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Commented
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
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