Mid-Market Rate Of Armenian Dram To Us Dollar Is 36 5.5 For $1 On May 18, 2011

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.