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

Economy

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

13.07.2026 16:46

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Exchange market

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

16.07.2026 19:21

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.

Exchange market

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

14.07.2026 17:58

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Economy

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

18.07.2026 10:49

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

Exchange market

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

13.07.2026 16:44

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.