Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

YEREVAN, June 16. /ARKA/. The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

“As a rule, we intervene in the market when the market is one-sided. I have answered this question repeatedly,” Galstyan said at a press conference on Tuesday, responding to a question from ARKA news agency.

According to him, the regulator may intervene in the market when there is a significant imbalance between supply and demand.

“If we see that there is supply in the market but no demand, and thi

spot_img

POPULAR

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

Artur Nakhshikyan has joined the Supervisory Board of Unibank

Artur Nakhshikyan, Director of Operational Risk Management at the Black Sea Trade and Development Bank, has been elected as an independent member of Unibank’s Supervisory Board.

LATEST NEWS

spot_imgspot_imgspot_img