Dollar Slips 0.88% against Armenian Dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.