Armenia to be key destination for Russian “Card Tourism”

YEREVAN, December 16. /ARKA/. Tour operators in Russia are expected to receive tens of thousands of new requests for Visa and MasterCard cards in post-Soviet countries, said Artur Muradyan, vice president of the Association of Tour Operators of Russia (ATOR).

He identified Kyrgyzstan, Kazakhstan, Uzbekistan, and Armenia as the main destinations for “card tourism,” Kommersant reports.

ATOR notes that the anticipated boom in “card tourism” next year – trips by Russian citizens abroad to obtain cards from international payment systems – is driven by the reduction in the number of Russian banks whose UnionPay cards are accepted abroad, as well as difficulties in exchanging old-style dollars overseas.

However, experts note that using Visa and MasterCard involves certain difficulties, and additionally, there is a need to regularly report to the Federal Tax Service about the replenishment of accounts linked to these cards.-0-

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Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

Euro and ruble drop against Armenian dram, as US dollar rises

YEREVAN, August 11. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market increased by 0.19 points on August 11, 2026, compared to August 10, to 366.07 drams.

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