Armenian dram devalues by 1.4% against USD in May

YEREVAN, June 1. /ARKA/. The Armenian national currency, dram, depreciated against the U.S. dollar by 1.4% in May from April at total 1.3-percent tumble in consumer prices, according to the data compiled by the National Statistical Service of Armenia.

Also consumer prices rose by 0.5% as the exchange rate increased by 6.2% in May from the same month in 2011.
In May an average exchange rate was 397.51 drams per $1. –0—

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Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams

YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

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