News

Possibilities of expanding cooperation between Armenia and Latvia in the field of high technology were discussedPossibilities of expanding cooperation between Armenia and Latvia in the field of high technology were discussed
On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow.On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow.
IDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project SignedIDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed
IDBank and Idram Presented Several Environmental Initiatives at COP17IDBank and Idram Presented Several Environmental Initiatives at COP17
The Central Bank of Armenia is working on creating a mechanism to insure clients affected by cybercrime.The Central Bank of Armenia is working on creating a mechanism to insure clients affected by cybercrime.
The Ministry of Economy considered the possibility of implementing an extended producer responsibility system with the support of UNIDO.The Ministry of Economy considered the possibility of implementing an extended producer responsibility system with the support of UNIDO.
The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank.The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank.
Cognacs from Armenia and Georgia have been included in the Belarusian register of hazardous products.Cognacs from Armenia and Georgia have been included in the Belarusian register of hazardous products.
Economist: Armenia`s withdrawal from the EAEU could lead to the cessation of financial intermediation, and such a scenario would deal a much stronger blow to the country`s economyEconomist: Armenia`s withdrawal from the EAEU could lead to the cessation of financial intermediation, and such a scenario would deal a much stronger blow to the country`s economy
Armenia and India discussed prospects for developing trade, economic, and investment cooperationArmenia and India discussed prospects for developing trade, economic, and investment cooperation
Martin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion dramsMartin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion drams
The Minister of Economy listened to proposals from the Armenian business community.The Minister of Economy listened to proposals from the Armenian business community.
Sevak Mikaelyan became a member of the Board of the Central Bank of ArmeniaSevak Mikaelyan became a member of the Board of the Central Bank of Armenia
Yerevan became the cheapest foreign holiday destination for Russians in November.Yerevan became the cheapest foreign holiday destination for Russians in November.
Armenia and Iran intend to intensify cooperation in the field of high technologiesArmenia and Iran intend to intensify cooperation in the field of high technologies
«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams
The Chairman of the State Revenue Committee of Armenia took part in the global event of the Smart Customs project, which was held at the WTO headquarters in BrusselsThe Chairman of the State Revenue Committee of Armenia took part in the global event of the Smart Customs project, which was held at the WTO headquarters in Brussels
The RA Ambassador to the United States presented Armenia`s investment potentialThe RA Ambassador to the United States presented Armenia`s investment potential
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine             Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine            
First Steps in Your Career with IDBank: 16th Cycle of IDream LaunchedFirst Steps in Your Career with IDBank: 16th Cycle of IDream Launched
Rate.Trading. New Digital Culture of Currency ExchangeRate.Trading. New Digital Culture of Currency Exchange
Armenia notes the importance of creating conditions that will enable the effective and responsible use of AI tools for the benefit of the public and private sectors.Armenia notes the importance of creating conditions that will enable the effective and responsible use of AI tools for the benefit of the public and private sectors.
The Armenian Minister of Finance discussed education development and business support with the head of AGFUND.The Armenian Minister of Finance discussed education development and business support with the head of AGFUND.
Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams.Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams.
Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycleParticipants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
EFSD: Increased economic activity will help Armenia respond to demographic challengesEFSD: Increased economic activity will help Armenia respond to demographic challenges
Armenia and Norway expressed interest in expanding economic cooperationArmenia and Norway expressed interest in expanding economic cooperation
Candidate for Member of the Central Bank Council: Possible Changes in Energy Prices Could Seriously Affect Armenia’s Macroeconomic StabilityCandidate for Member of the Central Bank Council: Possible Changes in Energy Prices Could Seriously Affect Armenia’s Macroeconomic Stability
In Armenia, confectionery, semi-finished products, and frozen foods will be included in the list of goods subject to labeling.In Armenia, confectionery, semi-finished products, and frozen foods will be included in the list of goods subject to labeling.
As of January 1, 2027, Armenia`s universal health insurance system will expand to cover more than 350,000 citizensAs of January 1, 2027, Armenia`s universal health insurance system will expand to cover more than 350,000 citizens
Developing a green bond market requires not only cooperation between all players, but also direct government participationDeveloping a green bond market requires not only cooperation between all players, but also direct government participation
Deputy Prime Minister: The railway under the TRIPP project will be built along the same route it used during Soviet timesDeputy Prime Minister: The railway under the TRIPP project will be built along the same route it used during Soviet times
Ministry of Finance: It is too early to say what impact the implementation of the TRIPP project will have on Armenia`s state budget.Ministry of Finance: It is too early to say what impact the implementation of the TRIPP project will have on Armenia`s state budget.
Digital Future and Sustainable Development: IDBank`s Chairman of the Management Board in an Interview with ForbesDigital Future and Sustainable Development: IDBank`s Chairman of the Management Board in an Interview with Forbes
Armenian companies will receive benefits when exporting services to the UAE marketArmenian companies will receive benefits when exporting services to the UAE market
The reporting procedure for public sector organizations will be streamlined in ArmeniaThe reporting procedure for public sector organizations will be streamlined in Armenia
Armenia and Poland discussed the possibility of expanding bilateral cooperation in the customs and tax spheresArmenia and Poland discussed the possibility of expanding bilateral cooperation in the customs and tax spheres
Armenian Deputy Prime Minister Receives ADB Vice PresidentArmenian Deputy Prime Minister Receives ADB Vice President
Idram and IDBank Support Innovative Solutions for Biodiversity Preservation. COP17Idram and IDBank Support Innovative Solutions for Biodiversity Preservation. COP17
Wizz Air has launched a new flight from Armenia to the NetherlandsWizz Air has launched a new flight from Armenia to the Netherlands
The Central Bank of Armenia will increase the countercyclical capital buffer twice in the first half of 2027: from February to 2% and from May to 2.25%The Central Bank of Armenia will increase the countercyclical capital buffer twice in the first half of 2027: from February to 2% and from May to 2.25%
The Armenian delegation took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in TajikistanThe Armenian delegation took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in Tajikistan
ADB can help Armenia promote exports and expand marketsADB can help Armenia promote exports and expand markets
The Armenian Ambassador attended the inauguration of the US Ambassador for Cyberspace and Digital Policy.The Armenian Ambassador attended the inauguration of the US Ambassador for Cyberspace and Digital Policy.
Armenia highly appreciates the World Bank`s commitment to providing the necessary financial resources to enhance climate resilienceArmenia highly appreciates the World Bank`s commitment to providing the necessary financial resources to enhance climate resilience
The The "Climate Change and Women" Award Ceremony Took Place at COP17: Idram and IDBank
Armenia’s banking system increased payments to the state treasury by 13.7% over nine months.Armenia’s banking system increased payments to the state treasury by 13.7% over nine months.
Armenian telecom operators paid $91.1 million into the state budget over the first nine months of 2026.Armenian telecom operators paid $91.1 million into the state budget over the first nine months of 2026.
Possible prospects for cooperation between Armenia and DEKRA discussed in YerevanPossible prospects for cooperation between Armenia and DEKRA discussed in Yerevan
Armenia’s SRC Chief Meets U.S. Deputy Assistant Secretary of StateArmenia’s SRC Chief Meets U.S. Deputy Assistant Secretary of State
In Armenia, the industrial price index has increased significantlyIn Armenia, the industrial price index has increased significantly
The State Revenue Committee reminds that the deadline for filing declarations for the 2025 reporting year is November 1, 2026The State Revenue Committee reminds that the deadline for filing declarations for the 2025 reporting year is November 1, 2026
Economic activity in Armenia slowed to 6.9% in January-September 2026, but foreign trade returned to growthEconomic activity in Armenia slowed to 6.9% in January-September 2026, but foreign trade returned to growth
Badalyan: Omani business are showing interest in Armenian agricultural productsBadalyan: Omani business are showing interest in Armenian agricultural products
China sees opportunities for cooperation with Armenia in the fields of agriculture, science and technology, etc.China sees opportunities for cooperation with Armenia in the fields of agriculture, science and technology, etc.
Armenia`s top 5 taxpayers paid $686.4 million to the state treasury in the first nine months of the year, with a 24% year-on-year increase. ZMMK, Ardshinbank, and Gazprom Armenia topped the listArmenia`s top 5 taxpayers paid $686.4 million to the state treasury in the first nine months of the year, with a 24% year-on-year increase. ZMMK, Ardshinbank, and Gazprom Armenia topped the list
Compared to 2018, state funding for R&D in Armenia has increased almost 2.8 timesCompared to 2018, state funding for R&D in Armenia has increased almost 2.8 times
At a meeting of the State Investment Committee, a number of projects in the areas of water management, road infrastructure, rescue services, and digitalization were approvedAt a meeting of the State Investment Committee, a number of projects in the areas of water management, road infrastructure, rescue services, and digitalization were approved
On the Armenian interbank currency market from October 19 to 23, dollar transactions remained on the rise, while ruble transactions began to declineOn the Armenian interbank currency market from October 19 to 23, dollar transactions remained on the rise, while ruble transactions began to decline
A DFC senior policy officer visited Yerevan to develop a portfolio of potential investment projects in ArmeniaA DFC senior policy officer visited Yerevan to develop a portfolio of potential investment projects in Armenia
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 Currency Market

 Indicators


EFSD: Increased economic activity will help Armenia respond to demographic challenges
 Thursday, October 29 2026 17:23

ArmInfo. Involving unemployed citizens in the economy and reducing unemployment can offset Armenia's shrinking working-age population. This conclusion is contained in the flagship report of the Eurasian Fund for Stabilization and Development (EFSD), "Economic Growth, Demography, and the Labor Market: Reality and Challenges," presented at the EFSD International Economic Conference in Astana.

Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
 Thursday, October 29 2026 17:26

ArmInfo. A plenary session, "Maintaining the High Ground: Economic Policy Priorities in the New Cycle," was held in Astana as part of the Eurasian Fund for Stabilization and Development (EFSD) International Economic Conference, "Towards Balanced Economic Development."

EFSD: Increased economic activity will help Armenia respond to demographic challenges
 Thursday, October 29 2026 17:23

ArmInfo. Involving unemployed citizens in the economy and reducing unemployment can offset Armenia's shrinking working-age population. This conclusion is contained in the flagship report of the Eurasian Fund for Stabilization and Development (EFSD), "Economic Growth, Demography, and the Labor Market: Reality and Challenges," presented at the EFSD International Economic Conference in Astana.

Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
 Thursday, October 29 2026 17:26

ArmInfo. A plenary session, "Maintaining the High Ground: Economic Policy Priorities in the New Cycle," was held in Astana as part of the Eurasian Fund for Stabilization and Development (EFSD) International Economic Conference, "Towards Balanced Economic Development."

The Armenian Ambassador attended the inauguration of the US Ambassador for Cyberspace and Digital Policy.
 Tuesday, October 27 2026 10:35

ArmInfo. Armenian Ambassador to the United States Narek Mkrtchyan attended the inauguration ceremony of Adam Cassady, the U.S. Ambassador for Cyberspace and Digital Policy, at the U.S. Department of State.

The Armenian Ambassador attended the inauguration of the US Ambassador for Cyberspace and Digital Policy.
 Tuesday, October 27 2026 10:35

ArmInfo. Armenian Ambassador to the United States Narek Mkrtchyan attended the inauguration ceremony of Adam Cassady, the U.S. Ambassador for Cyberspace and Digital Policy, at the U.S. Department of State.

The Armenian delegation took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in Tajikistan
 Tuesday, October 27 2026 12:49

ArmInfo. A delegation led by Vrezh Mkhitaryan, Deputy Chairman of the State Revenue Committee (SRC) of Armenia, took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in Tajikistan.

The Armenian delegation took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in Tajikistan
 Tuesday, October 27 2026 12:49

ArmInfo. A delegation led by Vrezh Mkhitaryan, Deputy Chairman of the State Revenue Committee (SRC) of Armenia, took part in the 33rd session of the Coordination Council of Heads of Tax Authorities of the CIS in Tajikistan.

Badalyan: Omani business are showing interest in Armenian agricultural products
 Monday, October 26 2026 10:27

ArmInfo. As part of efforts to diversify Armenia's foreign trade and thanks to the efforts of the Armenian Embassy in Oman, cooperation has been established between a number of Armenian and Omani companies. This was reported by Ani Badalyan, Press Secretary of the Armenian Ministry of Foreign Affairs.

Badalyan: Omani business are showing interest in Armenian agricultural products
 Monday, October 26 2026 10:27

ArmInfo. As part of efforts to diversify Armenia's foreign trade and thanks to the efforts of the Armenian Embassy in Oman, cooperation has been established between a number of Armenian and Omani companies. This was reported by Ani Badalyan, Press Secretary of the Armenian Ministry of Foreign Affairs.

Exchange rates
30.10.2026
RUB4.490.01
USD360.14-0.16
EUR403.361.66
GBP483.673.64
CAD258.110.48
JPY22.910.11
CNY54.130.04
CHF438.613.62




Experts
Expert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning itExpert: Azerbaijan, having its own gas, is seeking to buy Russian gas for economic reasons, while Armenia, lacking an alternative, is considering abandoning it
Expert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and IranExpert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and Iran
Politician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economyPolitician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economy
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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
Effective July 10, individuals prohibited from exporting more than 5  kg of phytosanitary controlled goods from Armenia Effective July 10, individuals prohibited from exporting more than 5  kg of phytosanitary controlled goods from Armenia 
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