Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 27 – May 3)

4.05.2026 10:50

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Economy

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

6.05.2026 10:37

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

Announces

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

5.05.2026 15:32

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

Exchange market

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

5.05.2026 19:14

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

Capital market