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News

We must transition from turnover tax to differentiated VAT system – Prime Minister
20.5 hectares of land in Nor Hachn community to be assigned to State Property Management Committee
Sergey Martinchuk appointed Visa Regional Manager for Ukraine, Moldova, Southern and Eastern Europe, Central Asia, and Caucasus
RA government to allocate AMD 25.2mln to develop standard design allowing sand mining at mouth of Araks river
AMD 684mln to be allocated to host the Concours Mondial de Bruxelles 2026 international wine tasting contest in Armenia
RA president supports development of cooperation with Philip Morris
AMD 13bln to be allocated for reconstruction of 58 km of roads in Armenia
Armenia experiencing tourism boom to intensify throughout year - premier
Customs duties not to be charged for delivery of new trolleybuses to Armenia
RA Ministry of Territorial Administration discusses TRIPP project with U.S. delegation`s participation
Zeyro, first Armenian AI to be presented in Armenia
Armenian Deputy PMs meet EIB delegation
Government to allocate $10 million for tourism infrastructure in Yeghegis
Two Milestones, One Celebration: Moneytun Turns 20, Partnership with AraratBank Marks 10 Years
Ardshinbank has reduced interest rates on existing SME loans
Eurasian Economic Forum 2026 gaining momentum
Kazakh Atomic Energy Agency delegation holds discussions at Ministry of Territorial Administration
Government to restart agricultural insurance program
Evocabank and Proparco-AFD sign a €20M credit agreement
Ameriabank and Proparco sign a €75M credit agreement to support Armenian agriculture and small businesses
ArmInfo FinRating: Tariff increases spur high profit growth for Armenian insurance companies
Yerevan and Ashgabat advocated for intensifying economic cooperation
Process of community consolidation will continue in Armenia - bill
Armenian businessmen participating in SelectUSA forum
French agency Expertise France to receive same benefits in Armenia as PROPARCO
Central Bank of Armenia: Rising energy prices, supply chain disruptions, and changes in trade routes could contribute to acceleration of inflation in Armenia
Economy Minister: Armenia open to Emirati investments
Central Bank of Armenia hopes for continued high domestic demand
Armenia, EU sign Connectivity Partnership Declaration
Martin Galstyan re-elected as Chairman of Central Bank of Armenia
Ursula von der Leyen: EU expects Armenia`s resilience and growth program to leverage 2,5 billion euro in mobilized investments
Risk premiums in Armenia`s banking sector have significantly decreased - CB chairman
RA Central Bank keeps refinancing rate at 6.5%
Bell Ringing Ceremony at the London Stock Exchange marks Ameriabank’s inclusion in the FTSE 100 as part of LFG
RA Central Bank`s macroeconomic stability management framework is recognized as best standard in world
AraratBank Announces Change in Executive Leadership
Russian Embassy: 93 more railcars carrying grain, mineral fertilizers, and non-ferrous metals traveling from Russia to Armenia
Armenian insurance companies continue to significantly increase profits
Armenia`s gross international reserves set new record by April 2026 - $5.544bln, with annual growth rate of 41.2%
"Strong Armenia" intends to break the vicious circle of poverty
Armenia`s potential membership in IFAR discussed in Paris
Armenia to adopt European Technical Oversight Model for urban development
Rospotrebnadzor blocks sale of nearly 1.1 million more bottles of Jermuk mineral water
Liquefied gas prices set to drop over the coming days - Competition and Consumer Protection Commission Head
French consortium to construct Armenia`s landmark Bargushat tunnel
Construction timelines for nuclear power plants with small modular reactors much shorter than for traditional units - premier
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
AMD 1.059bln to be allocated from to co-finance subvention programs
Government to intensify assistance to research and development companies
Process of community consolidation to continue in Armenia
Armenia-Austria business forum takes place in Vienna
Opportunities for expanding Armenia-U.S. economic ties discussed in Washington
The mathematical knowledge of the current authorities is limited to the 5th grade — Samvel Karapetyan
AraratBank Supports Launch of the 15th Anniversary “Faces of Memory” Seminar
Anahit Avanesyan: No plans to increase health insurance premiums for 2027
Armenia tightens public procurement rules to combat conflict of interest
France intends to more actively participate in investment programs in Armenia
Payments to electronic taxi platforms not exceed 10% of total fare
Arsen Torosyan: Armenia is transforming from labor exporter into labor recipient
Participation in online casinos for some Armenian citizens to be limited
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Currency Market

Indicators

Thursday, November 3 2022, ArmInfo.
Thursday, November 3 2022, ArmInfo.
Thursday, November 3 2022, ArmInfo.
Thursday, November 3 2022, ArmInfo.
IMF staff reaches staff-level agreement with Armenia on Precautionary Stand-By Arrangement Thursday, November 3 2022, ArmInfo.The Armenian authorities and IMF staff reached a staff- level agreement on a 3-year precautionary Stand-By Arrangement (SBA). The agreement is subject to approval by the IMF Executive Board and is expected to be considered in December 2022, the IMF reports.
Thursday, November 3 2022, ArmInfo.
Armenia`s government to grant tax benefits to Multi Tobacco company Thursday, November 3 2022, ArmInfo. Armenia's government will grant tax benefits to the Multi Tobacco company owned by Gagik Tsarukyan, Chairman of the Prosperous Armenia party. The company will be exempted from duties on the import of manufacturing equipment and spare parts, raw materials under an investment programme in a priority field.
$100mln for subvention programmes in Armenia`s regions since 2018 Thursday, November 3 2022, ArmInfo.Under the 2023 draft budget, AMD 23bln (about $56mln) will be allocation to subvent programmes in Armenia's regions (the AMD/USD exchange rate is 404.74/$1), Armenia's Premier Nikol Pashinyan stated at a Cabinet meeting on Thursday.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
HSBC Armenia Named as “Market Leader” and “Best Service Bank” for Corporates by Euromoney 2022 Wednesday, November 2 2022, ArmInfo. For the fifth consecutive year, HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been recognized as the “Market Leader” for Corporates by Euromoney Cash Management Survey. The Bank has also been named as the “Best Service Bank” for Corporates.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.
Wednesday, November 2 2022, ArmInfo.

Exchange rates

06.05.2026

RUB	4.93	0.03
USD	370.00	-0.44
EUR	436.12	3.22
GBP	504.57	2.92
CAD	272.24	0.14
JPY	23.76	0.26
CNY	54.32	0.07
CHF	475.88	3.02

Main reason for sharp rise in liquefied gas prices in Armenia is events surrounding Iran and at Upper Lars checkpoint - economist
Future of Armenia`s nuclear energy sector in question - expert
Ameriabank Included in the List of Companies Defining the State of the Global Economy
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Commented

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
Armenia has not received any official information from Russian side regarding Jermuk products - IOBPP
Ameriabank Included in the List of Companies Defining the State of the Global Economy
Robert Kocharyan: Armenia`s current economic model is highly problematic