Euro declines against  Armenian dram, as  US dollar and Russian ruble rise

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

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

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.

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