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News

EFSD’s current portfolio in Armenia amounts to $538 million

The Eurasian Fund for Stabilization and Development (EFSD)'s current program portfolio in Armenia amounts to $538 million.

Armenian officials’ asset declarations will be supplemented with information on crypto assets

Armenian officials will be required to include information on crypto assets in their annual asset declarations. This decision was made at a government meeting on Thursday.

VTB (Armenia) launches MIR travel card for convenient payments and money transfers between Russia and Armenia

VTB (Armenia) has launched the MIR Travel multicurrency card, designed for customers who regularly travel to Russia, work, or study there.

Armenia’s Finance Minister isn’t concerned about growing public debt

Armenian Finance Minister Vahe Hovhannisyan isn't concerned about the country's growing public debt.

Euro and US dollar drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 21, 2026, fell by 0.07 points compared to January 20, to 379.14 drams.

Book by March 31 and get 15% off your FINTECH360 ticket

The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount.

Armenia’s public debt will be close to 48.7% of GDP by the end of 2025 – Hovhannisyan

Armenia's public debt-to-GDP ratio will be close to 48.7% by the end of 2025, stated Finance Minister Vahe Hovhannisyan.

Risk premium on Armenian Eurobonds decreased to 196 basis points: Finance Minister

Armenian Finance Minister Vahe Hovhannisyan announced a reduction in the risk premium on Armenian Eurobonds.

In Armenia, old-issue banknotes to be exchanged free of charge

After April 15, 2026, citizens of Armenia will be able to exchange all second-generation banknotes free of charge at commercial banks operating in the Armenia and at the Central Bank, the regulator's press service reported. Until April 15, 2026, old-issue banknotes will be considered legal tender

Euro, U.S. dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 19, 2026, fell by 1.1 points compared to January 16, to 378.89 drams.

Armenia’s total public debt at the end of 2025 stood at $14.5 billion, up 13.1%

As of December 31, 2025, Armenia's total public debt was recorded at $14,531.3 million, an increase from $12,842.2 million on December 31, 2024, according to data from the Ministry of Finance. This marks a 13.1% rise over the year.

Armenian banks maintain capital and liquidity buffers, dollarization declines – Fitch

Armenian banks maintain strong capital and liquidity buffers, and profitability remains high despite the normalization of extraordinary financial inflows from Russia, according to a report by the international rating agency Fitch Ratings.

The FINTECH360 conference will be held in Yerevan from April 27 to 29

The FINTECH360 international conference will take place in Yerevan from April 27 to 29, 2026.

AMX held an auction of government bonds worth 50 billion drams

On January 13, the Armenia Securities Exchange (AMX) held an auction of government bonds worth 50 billion drams, the exchange's press service reported.

Average exchange rate of dram to US dollar in December was 3.8% lower than a year ago

In December 2025, the average exchange rate of the Armenian dram against the US dollar stood at 381.5 drams, compared to 396.5 drams in December 2024, as reported by the Statistical Committee (Armstat).

Euro and ruble rise against Armenian dram, while US dollar weakens slightly

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on January 12, 2026, fell by 0.06 points compared to January 9, to 381.15 drams.

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