Dollar and euro exchange rates against the Armenian dram fell, while the ruble rose: Central Bank of Armenia

Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

3.08.2026 10:27

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

Banks

Moody’s changes the outlook on IDBank’s ratings to positive

6.08.2026 14:53

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Loans

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

6.08.2026 15:58

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Banks

Idram and IDBank Support Startups at Seaside Startup Summit

3.08.2026 18:34

Thousands of ideas and numerous participants - all in one place.

Exchange market

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

4.08.2026 19:14

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.