Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: Central Bank of Armenia

Banks

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

31.07.2026 16:15

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Exchange market

Euro jumped 3.71 points against the Armenian dram: Central Bank

30.07.2026 21:51

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.43 points on July 30, 2026, compared to July 29, to 366.63 drams.

Announces

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

29.07.2026 19:15

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

Announces

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

29.07.2026 14:30

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

Banks

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

27.07.2026 11:52

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

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Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: Central Bank of Armenia

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