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Daily Archives: Nov 4, 2025

My deputy’s signature was forged: Central Bank Governor of Armenia comments on reports of financial fraud

The Central Bank of Armenia is constantly taking measures to combat financial fraud, said Martin Galstyan, head of the regulator.

Martin Galstyan: Market anticipates a reduction in rates, but the Central Bank  dismisses these expectations

The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.

Euro, US dollar, and ruble exchange rates against Armenian dram move in opposite directions

The average market exchange rate for the US dollar to the Armenian dram on November 4, 2025, remained unchanged from November 3, at 382.55 drams.

Licensing of crypto market players will begin in January 2026, says head of Armenia’s Central Bank

The process for licensing companies engaged in crypto asset transactions is set to commence in January 2026 and will continue for a duration of one year, as stated by Martin Galstyan, the head of Armenia's Central Bank.

Armenia’s inflation increase is attributed to demand, according to Chairman of  Central Bank

The slight rise in inflation to 3.7% is mainly influenced by demand factors, as stated by Martin Galstyan, the head of the Central Bank of Armenia.

Head of Central Bank of Armenia explains why refinancing rate remains unchanged

Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.

Central Bank of Armenia leaves refinancing rate unchanged at 6.75% for sixth consecutive time

At its meeting on November 4, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.