Sat, 21 February
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Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Russian Fora Bank opens office in Armenia

YEREVAN, July 24. /ARKA/. The Russian Fora Bank opened an office in Yerevan, the Frank Media outlet reported on Wednesday.

Zaven Arutyunyan was appointed the bank’s chief representative in Armenia.

Fora Bank focuses on trans-border money transfers, including transfers between Russia and Armenia, and cooperates with Ameriabank, one of Armenia’s largest banks.

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Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

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