Armenian dram gains 1.5 points against dollar

The Stepan Gishyan Charitable Foundation has announced the results of its 2026 grant competition.

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 29, 2026, fell by 0.06 points compared to June 26, to 368.06 drams.

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 26, 2026, fell 0.14 points compared to June 25, to 368.12 drams.