Armenian finance ministry denied 500 million drams worth bids for bonds placement

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of February 9, 2026, rose by 0.27 points compared to February 6, reaching 377.97 drams.

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.