Euro, U.S. dollar, and Russian ruble drop against Armenian dram

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.