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"The Power of One Dram" - General Partner of the "Climate Change and Women" Awards
Pashinyan discussed issues related to the implementation of the TRIPP projectPashinyan discussed issues related to the implementation of the TRIPP project
Economy Minister: Exports of domestically produced goods to the EU increased by 72%Economy Minister: Exports of domestically produced goods to the EU increased by 72%
Cement imports to Armenia at historically low level - Minister of EconomyCement imports to Armenia at historically low level - Minister of Economy
Consultations were held in Yerevan, during which the draft state budget for 2027 and the framework of fiscal policy were discussedConsultations were held in Yerevan, during which the draft state budget for 2027 and the framework of fiscal policy were discussed
EDB: A strong domestic industry is the key to developing economies’ transition into the high-income groupEDB: A strong domestic industry is the key to developing economies’ transition into the high-income group
Head of Armenia’s Ministry of Territorial Administration and Infrastructure to Participate in the Global Forum on Sustainable Transport Development in BeijingHead of Armenia’s Ministry of Territorial Administration and Infrastructure to Participate in the Global Forum on Sustainable Transport Development in Beijing
The Government of the Republic of Armenia will allocate 3.5 billion drams to the universal health insurance processThe Government of the Republic of Armenia will allocate 3.5 billion drams to the universal health insurance process
Armenia will begin implementing mechanisms for non-repayable payments to public organizations, media outlets and political parties funded by income tax paid by individuals.Armenia will begin implementing mechanisms for non-repayable payments to public organizations, media outlets and political parties funded by income tax paid by individuals.
The Armenian government will allocate 1,110 billion drams to continue the community subsidy programThe Armenian government will allocate 1,110 billion drams to continue the community subsidy program
South Caucasus Railway announces changes to train schedulesSouth Caucasus Railway announces changes to train schedules
Acba Bank is the Market Maker for EBRD Bonds in ArmeniaAcba Bank is the Market Maker for EBRD Bonds in Armenia
Deputy Prime Minister received the head of the Asian Development Bank (ADB) in ArmeniaDeputy Prime Minister received the head of the Asian Development Bank (ADB) in Armenia
Armenia’s poverty rate at the end of 2025 will be lower than the 2024 figure — Arsen TorosyanArmenia’s poverty rate at the end of 2025 will be lower than the 2024 figure — Arsen Torosyan
Issues of ensuring the safe and uninterrupted movement of goods along the Trans-Caspian Transport Corridor were discussed in WarsawIssues of ensuring the safe and uninterrupted movement of goods along the Trans-Caspian Transport Corridor were discussed in Warsaw
SRC: In January–August 2026, a total of 205.5 billion drams in debit funds was returned to taxpayersSRC: In January–August 2026, a total of 205.5 billion drams in debit funds was returned to taxpayers
ZCMC presented its fifth sustainability report for 2025 — TNFD and DMA assessments conducted in Armenia for the first timeZCMC presented its fifth sustainability report for 2025 — TNFD and DMA assessments conducted in Armenia for the first time
Cases of understating the actual value of apartment purchase and sale transactions identified in three construction companies — State Revenue CommitteeCases of understating the actual value of apartment purchase and sale transactions identified in three construction companies — State Revenue Committee
New Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the TargetNew Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the Target
IDBank in Monaco: Armenian Financial Innovation on a Prestigious International StageIDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage
Armenia is among the visa-free countries for Russians where hotel accommodation prices have risen noticeably this summer.Armenia is among the visa-free countries for Russians where hotel accommodation prices have risen noticeably this summer.
Armenia Represented at the International Tourism Exhibition IFTM Top Resa 2026Armenia Represented at the International Tourism Exhibition IFTM Top Resa 2026
Armenia`s short-term country risk premium has fallen to a historically low level.Armenia`s short-term country risk premium has fallen to a historically low level.
The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.
Martyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soonMartyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soon
Central Bank Governor: Excess demand observed in Armenia far exceeds GDP potentialCentral Bank Governor: Excess demand observed in Armenia far exceeds GDP potential
Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per literPolitician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rateMartin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
The European Parliament approved temporary measures to liberalize trade in relation to Armenian productsThe European Parliament approved temporary measures to liberalize trade in relation to Armenian products
In January–August 2026, 1.467 million tourists visited Armenia.In January–August 2026, 1.467 million tourists visited Armenia.
A corresponding license will be required to organize games using gaming machines — State Revenue Committee A corresponding license will be required to organize games using gaming machines — State Revenue Committee
Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.
The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in ArmeniaUnlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia
In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%
In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
Armenia and Egypt Discussed Opportunities for Expanding Economic CooperationArmenia and Egypt Discussed Opportunities for Expanding Economic Cooperation
The IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power PlantThe IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power Plant
Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.
The Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million dramsThe Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million drams
The Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not existThe Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not exist
On the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulationOn the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulation
A new model for managing state property is taking shape in ArmeniaA new model for managing state property is taking shape in Armenia
The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.
Armenia and Iran signed a protocol on the creation of a simplified customs corridorArmenia and Iran signed a protocol on the creation of a simplified customs corridor
In January–August this year, Turkey’s exports to Armenia amounted to $1.336 millionIn January–August this year, Turkey’s exports to Armenia amounted to $1.336 million
“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage
Supplies of Russian natural gas to Armenia will be temporarily suspendedSupplies of Russian natural gas to Armenia will be temporarily suspended
The 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in MoscowThe 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in Moscow
Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.
Team Telecom Armenia is the technology partner of the Tour of Armenia.Team Telecom Armenia is the technology partner of the Tour of Armenia.
On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.
Creating sustainable cybersecurity capacity is a key prerequisite for Armenia’s digital transformation — Deputy MinisterCreating sustainable cybersecurity capacity is a key prerequisite for Armenia’s digital transformation — Deputy Minister
The Armenian government will subsidize the interest rates on loans obtained by businesses to purchase grapesThe Armenian government will subsidize the interest rates on loans obtained by businesses to purchase grapes
Armenia’s State Revenue Committee and Uzbekistan’s Customs Committee establish cooperationArmenia’s State Revenue Committee and Uzbekistan’s Customs Committee establish cooperation
The Armenian government will allocate 1.09 billion drams for the repair and construction of roads leading to the republic’s schools.The Armenian government will allocate 1.09 billion drams for the repair and construction of roads leading to the republic’s schools.
The Government of the Republic of Armenia allocated funds to cover the expenses of high-ranking representatives from 74 countries who will participate in COP-17.The Government of the Republic of Armenia allocated funds to cover the expenses of high-ranking representatives from 74 countries who will participate in COP-17.
EIB to Assist Armenia in Preparing a Road Safety ProgramEIB to Assist Armenia in Preparing a Road Safety Program
Armenia and Iraqi Kurdistan Discussed Opportunities for Developing Trade and Economic CooperationArmenia and Iraqi Kurdistan Discussed Opportunities for Developing Trade and Economic Cooperation
Polish mining company KGHM is interested in cooperation with Armenian partners.Polish mining company KGHM is interested in cooperation with Armenian partners.
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 Currency Market

 Indicators


New Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the Target
 Wednesday, September 16 2026 13:50

ArmInfo.  The Central Bank of Armenia has improved its forecast for 2026, expecting a less pronounced slowdown in GDP growth to 5.7-5.3% (versus previously forecast growth of 4.5-4.1% and actual growth of 7.1% in 2025), with a slight change in the pace in 2027 to 5.2% (versus the previously forecast 4.7-3.7%). At the same time, the Central Bank downgraded its forecast for foreign trade, expecting a more pronounced decline in exports and imports in 2026, with a return to moderate growth only in 2027. As a result, the absolute value of GDP will rise in 2026 to 12.441-12.401 trillion drams (from the actual

New Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the Target
 Wednesday, September 16 2026 13:50

ArmInfo.  The Central Bank of Armenia has improved its forecast for 2026, expecting a less pronounced slowdown in GDP growth to 5.7-5.3% (versus previously forecast growth of 4.5-4.1% and actual growth of 7.1% in 2025), with a slight change in the pace in 2027 to 5.2% (versus the previously forecast 4.7-3.7%). At the same time, the Central Bank downgraded its forecast for foreign trade, expecting a more pronounced decline in exports and imports in 2026, with a return to moderate growth only in 2027. As a result, the absolute value of GDP will rise in 2026 to 12.441-12.401 trillion drams (from the actual

Armenia`s short-term country risk premium has fallen to a historically low level.
 Tuesday, September 15 2026 20:06

ArmInfo. Armenia's short-term country risk premium continued to decline, reaching a historically low level. This was stated by Martyn Galstyan, Chairman of the Central Bank of Armenia, while presenting the rationale for the Central Bank Board's decision to raise the refinancing rate from 6.5% to 6.75% at a press conference on September 15.

Armenia`s short-term country risk premium has fallen to a historically low level.
 Tuesday, September 15 2026 20:06

ArmInfo. Armenia's short-term country risk premium continued to decline, reaching a historically low level. This was stated by Martyn Galstyan, Chairman of the Central Bank of Armenia, while presenting the rationale for the Central Bank Board's decision to raise the refinancing rate from 6.5% to 6.75% at a press conference on September 15.

The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
 Tuesday, September 15 2026 14:52

ArmInfo. The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%, after nine months of no change. This decision was made on September 15 at a meeting of the Central Bank of Armenia's Board. According to this decision, the rates on Lombard repos were also increased by 0.25 percentage points to 8.25% and on deposits attracted from banks to 5.25%.

In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
 Tuesday, September 15 2026 13:05

ArmInfo.  The loss ratio for mandatory motor third-party liability insurance (MTPL) in Armenia decreased to 73.2% in January-August 2026 from 74% over the same period in 2025. This was observed against the backdrop of an acceleration in the annual growth of the number of active policies from 7.8% to 9.6%, insurance premiums from 17.5% to 17.8%, and a more noticeable acceleration in the growth of claims paid from 6.6% to 18.7%.

Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
 Tuesday, September 15 2026 17:52

ArmInfo.  Pronounced excess-demand factors prompted the Central Bank of Armenia to raise the refinancing rate. Chairman of the Central Bank of the Republic of Armenia Martin Galstyan stated this on September 15 during a press conference convened to present the rationale for the decision by the Central Bank Board to raise the key rate from 6.5% to 6.75%, after keeping it unchanged for nine months.

The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
 Tuesday, September 15 2026 14:52

ArmInfo. The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%, after nine months of no change. This decision was made on September 15 at a meeting of the Central Bank of Armenia's Board. According to this decision, the rates on Lombard repos were also increased by 0.25 percentage points to 8.25% and on deposits attracted from banks to 5.25%.

In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
 Tuesday, September 15 2026 13:05

ArmInfo.  The loss ratio for mandatory motor third-party liability insurance (MTPL) in Armenia decreased to 73.2% in January-August 2026 from 74% over the same period in 2025. This was observed against the backdrop of an acceleration in the annual growth of the number of active policies from 7.8% to 9.6%, insurance premiums from 17.5% to 17.8%, and a more noticeable acceleration in the growth of claims paid from 6.6% to 18.7%.

Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
 Tuesday, September 15 2026 17:52

ArmInfo.  Pronounced excess-demand factors prompted the Central Bank of Armenia to raise the refinancing rate. Chairman of the Central Bank of the Republic of Armenia Martin Galstyan stated this on September 15 during a press conference convened to present the rationale for the decision by the Central Bank Board to raise the key rate from 6.5% to 6.75%, after keeping it unchanged for nine months.

Exchange rates
17.09.2026
RUB4.31-0.01
USD363.500.09
EUR417.23-2.04
GBP486.54-3.01
CAD259.79-1.13
JPY23.36-0.07
CNY54.200.03
CHF440.55-3.17




Experts
Kassym-Mazhen Nurbekuly: Kazakhstan and Armenia have ample opportunities for digital cooperationKassym-Mazhen Nurbekuly: Kazakhstan and Armenia have ample opportunities for digital cooperation
Political scientist: Armenia`s food security is under threat due to government inactionPolitical scientist: Armenia`s food security is under threat due to government inaction
Expert: Visa regime with Russia as part of Armenia`s EU rapprochement  poses risks for  tourism sector Expert: Visa regime with Russia as part of Armenia`s EU rapprochement  poses risks for  tourism sector 
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Commented
Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per literPolitician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
RA government to allocate AMD 1.035bln more to co-finance subvention  programs in the country`s regionsRA government to allocate AMD 1.035bln more to co-finance subvention  programs in the country`s regions
Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President
For first time, institution of restructuring insolvent banks is being  introduced in Armenian banking systemFor first time, institution of restructuring insolvent banks is being  introduced in Armenian banking system
Customs duties not to be charged for delivery of new trolleybuses to  ArmeniaCustoms duties not to be charged for delivery of new trolleybuses to  Armenia