Average market exchange rate of dram rises against USD

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

At the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), which concluded in Yerevan, nearly $2 billion in new funding for biodiversity conservation was announced, according to a final press release from the Convention Secretariat published on October 31.

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.