Sat, 4 October
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Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Yearly Archives: 2025

Euro, US dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, based on the results of October 3, 2025, fell by 0.58 points compared to October 2, reaching 382.76 drams.

Average exchange rate of Armenian dram against US dollar in September was 1.2% lower year-on-year

In September 2025, the average exchange rate of the Armenian dram to the US dollar stood at 382.8 drams, reflecting a decrease of 1.2% from 387.4 drams in September 2024, according to the Statistical Committee of Armenia (Armstat).

Inflation of 3.7% recorded in Armenia in September

In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.

Euro rises 1.7 points against Armenian dram to AMD 450.5

The average market exchange rate for the US dollar to the Armenian dram, based on the results of October 2, 2025, rose 0.6 points compared to October 1, reaching 383.34 drams.

Armenian government extends access to EIB loan          

During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).

VTB (Armenia) partnered with Maestro Valery Gergiev’s concert in Yerevan

With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.

Some 97 billion drams will be allocated in Armenia to refund income taxes on mortgage repayments for 62,000 citizens

A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.

Cashback for pensioners on cashless purchases in Armenia will increase to 20%, according to the minister

Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.

Сrculation of cash in crypto assets presents  significant risk to  fiscal system, according to Armenia’s Deputy Prime Minister

The circulation of cash in crypto assets is likely to pose a serious threat to the overall fiscal system, stated Armenian Deputy Prime Minister Mher Grigoryan.

Net remittance inflow to Armenia from overseas rose by 12.5% over 8 months

According to a report from Armenia's  Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during the same period in 2024.

Acba Bank supports establishments of more than 1,240 hectares of intensive gardens

In Armenia, over 225,000 individuals are involved in agriculture; however, the impacts of climate change are presenting significant challenges, including water shortages, droughts, and hailstorms.

Central Bank of Armenia issues gold collector  coin for 150th anniversary of Avetik Isahakyan’s birth

On October 1, 2025, the Central Bank of Armenia issued a gold collector coin "The 150th Anniversary of Avetik Isahakyan's Birth," the regulator's press service reported.