Euro ups slightly against Armenian dram, while US dollar and ruble fall

YEREVAN, September 23. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on September 23, 2025, fell by 0.6 points compared to September 22, reaching 382.85 drams.

The euro rose by 0.1 points to 451.57 drams, while the Russian ruble dropped by 0.0198 points to 4.5785 drams, according to the Central Bank’s website.-0-

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Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 3-9)

Armenia's financial agenda last week was determined by the Central Bank's maintenance of current monetary conditions, indicators of the banking and non-banking credit sectors, capital market activity, the state of public debt, and decisions on attracting financing from international financial institutions.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

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