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News

 Euro, US dollar and ruble rise against Armenian dram

The average exchange rate of the US dollar to the Armenian dram as of December 22, 2025, grew by 0.03 points to 381.5 drams compared to December 19.

Non-commercial remittances to Armenia grew by 31.2% in October — WB

In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Euro and dollar exchange rates against Armenian dram fall, while the ruble rises

The average market exchange rate for the US dollar to the Armenian dram on December 18, 2025, fell by 0.07 points compared to December 17, to 381.5 drams.

Average annual dram to US dollar exchange rate is projected at 393 drams in 2026 – EDB

The average annual dram to dollar exchange rate is projected at 393 drams in 2026, according to the Eurasian Development Bank (EDB) forecast for 2026–2028.

EDB’s total investments in Armenia for 2022-2025 reached $380 million

The Eurasian Development Bank's (EDB) total investments in Armenia for 2022-2025 (actual volume) amounted to $380 million, announced Yaroslav Mandron, Deputy Chairman of the EDB Management Board.

Parliament adopted amendments regulating cryptoasset transactions

At an extraordinary session on Wednesday, the National Assembly of Armenia adopted amendments to the RA laws "On Cryptoassets" and "On Non-cash Transactions" in the second and final reading.

Torosyan Refutes Claims of Cash Withdrawal Ban for Benefits and Pensions in Armenia Starting 2026

Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."

Armenian Parliament may allow cash transactions in crypto assets within a year, but with restrictions

During an extraordinary session on Tuesday, Armenia's National Assembly approved a series of amendments to the laws governing cryptoassets and non-cash transactions in their first reading.

Armenian banks must focus on risks characteristic of  21st century – Central Bank governor

The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.

Armenian parliament ratifies €50 million financing agreement with EIB for Syunik development program

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.

Armenian parliament approves $250 million loan agreement with Asian Development Bank to address housing needs of Karabakh refugees

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program. 

Refinancing rate cut moderately positive for Armenia’s economy and financial markets – Freedom Broker Armenia (EXCLUSIVE)

The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.

The volume of bond issues in Armenia exceeds 700 billion drams- head of  Central Bank

The volume of bonds issued by financial and non-financial institutions in Armenia exceeds 700 billion drams, said Central Bank Chairman Martin Galstyan, responding to a question from the ARKA news agency about capital market development trends in the country.

Euro, US dollar, and ruble rise against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on December 16, 2025, increased by 0.06 points compared to December 15, reaching 381.76 drams.

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