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

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.