Euro drops by 2.2 Points to Armenian Dram

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

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.