Fri, 16 January
-7.9 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

Chairman of Armenian central bank expected to resign – newspaper

YEREVAN, October 12. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia, is expected to submit his resignation soon, Zhoghovurd (People) reports.

Javadyan has been holding office since May 2008, and experts consider him as skilled specialists.

He succeeded Tigran Sargsyan in 2008, when the latter left the office for the prime-ministerial seat.

In 2014, Javadyan was re-elected as central bank chairman. His term in office expires in three years and six months.

Chairmen are elected by the regulator’s board for six years, and one person can’t be re-elected more than twice.

The newspaper asked comments from the central bank, but was told that this is no more than a rumor. –0—

spot_img

POPULAR

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

LATEST NEWS

spot_imgspot_imgspot_img