Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

YEREVAN, August 28. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

The euro rose by 0.15 points to 424.36 drams, while the ruble fell by 0.02 points to 4.2392 drams, according to the Central Bank’s website.

spot_img

POPULAR

Armenia Updates Income Declaration Procedures: New Rules, Exemptions, and Deadlines

Armenia has streamlined the process for filing annual personal income tax declarations, expanded the scope of data that is auto-populated, and defined categories of non-taxable income that citizens are not required to include in their declarations.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

Armenia’s commercial banks contributed 149.22 billion drams to the state budget in the first nine months of 2026

All 17 commercial banks currently operating in Armenia were included in the list of the country’s 1,000 largest taxpayers for the first nine months of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img