Weighted Average Rate Of Armenian Dram To Us Dollar Is 387.48 For $1 On November 1, 2010

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.