Thu, 19 February
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Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

Euro falls by 2.43 points to 433.59 drams

YEREVAN, May 29. /ARKA/. The average market exchange rate of the US dollar against the Armenian dram as of May 29, 2025, dropped by 0.21 points compared to May 27 and amounted to 384.15 drams.

The euro fell by 2.43 points to 433.59 drams, while the Russian ruble rose by 0.071 points to 4.8762 drams, according to the Central Bank.  -0-

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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.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Armenia to define list of incomes not subject to taxation

The Armenian Ministry of Finance is establishing a list of incomes not subject to taxation.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

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