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USD: 376.94 RUB: 4.88 EUR: 446.90 GEL: 140.43 GBP: 513.28

Putin doesn’t rule out that Russia and Armenia to start making calculations in their national currencies

YEREVAN, March 16. /ARKA/. Russian President Vladimir Putin doesn’t rule out that Russia and Armenia will start making calculations in their national currencies, Novosti-Armenia reports.

“To expand and diversify trade, room for mutual calculations in national currencies are being considered now,” the Russian president told journalists after meeting with his Armenian counterpart Serzh Sargsyan. –0—

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U.S. dollar, euro, and ruble drop against Armenian dram

As of February 13, 2026, the average market exchange rate for the US dollar against the Armenian dram, established on the foreign exchange market, has dropped by 0.63 points from February 12, now standing at 376.94 drams.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

Armenian pensioners urged to choose a bank for cashless payments by March 5

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Taxpayers received 409 billion drams in refunds in 2025

Taxpayers will receive 409 billion drams in refunds in 2025, a 4.2% increase compared to 2024, Eduard Hakobyan, Chairman of State Revenue Committee, announced at a press conference on the 2025 results.

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