Euro and ruble drop against Armenian dram fall, while US dollar rises

Exchange market

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

29.06.2026 18:31

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 29, 2026, fell by 0.06 points compared to June 26, to 368.06 drams.

Economy

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

26.06.2026 10:29

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Announces

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

1.07.2026 19:01

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

Banks

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

26.06.2026 13:47

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Banks

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

1.07.2026 19:07

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

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Euro and ruble drop against Armenian dram fall, while US dollar rises

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