Average settlement rate of dram to dollar in July was 1% lower than a year ago

YEREVAN, August 6. /ARKA/. In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than in June 2024 (388.1 drams), the National Statistical Committee reported.

In July 2025, compared to June of the same year, a decrease in consumer prices by 0.8% was recorded in the republic, and the settlement rate of the Armenian dram against the US dollar remained unchanged during this period.

In July of this year, compared to December last year, an increase in consumer prices by 0.6% was accompanied by a decrease in the settlement rate of the Armenian dram against the US dollar by 3.1%.

In the same period last year, the level of consumer prices and the exchange rate of the Armenian dram against the US dollar decreased by 1.3% and 4.1%, respectively.-0-

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New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

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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.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

An unusual $2.2 million banking scam uncovered in Armenia

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VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

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