Armenia’s central bank raises refinancing rate by 0.5% to 7.75%

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks  in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

In March 2025, the average AMD/USD exchange rate was 392.8, which is 1.9% lower than in March 2024 (400.4 AMD), the National Statistical Committee reports.

Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.