Levon Sahakyan elected new member of Central Bank Board

Banks

YEREVAN, March 4. /ARKA/. Levon Sahakyan has been elected today a member of Armenia’s Central Bank Board in a secret ballot by 69 MPs.

He was nominated for the post by the Civil Contract party that controls 71 seats in the 107-member parliament.

Sahakyan was born in 1984 in Yerevan. Since August 2021, he served as First Deputy Chief of Staff of the National Assembly. He combined this job with the duties of advisor to the Speaker of the Parliament. -0-

spot_img

POPULAR

Exchange market

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.
Banks

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.
Exchange market

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.
Capital market

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.
Exchange market

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenia’s 12-month inflation in late February 2022 was 6.5%
Armenia’s 12-month inflation in late February 2022 was 6.5%
Next article
AraratBank acts as a market maker for FINCA UCO bonds
AraratBank acts as a market maker for FINCA UCO bonds