Armenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  decline

 Friday, June 26 2026 17:45:52
Armenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  decline

ArmInfo.  During the week of June 22–26, 2026, the Armenian interbank foreign exchange market experienced a shift in trading activity, characterized by a recovery  in dollar-denominated transactions and a decline in ruble-denominated  trading. Euro trading has remained inactive in the interbank market  for the past four months.

Ameriabank Raises USD 50 Million from OPEC Fund for International Development to boost SME Financing in Armenia
 Friday, June 26 2026 16:55

ArmInfo.  Ameriabank and the OPEC Fund for International Development (The OPEC Fund) signed a USD 50 million loan agreement. The agreement was signed during OPEC Fund Development Forum 2026 in Vienna, which also marked the 50th anniversary of the institution.

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AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders 
 Friday, June 26 2026 15:50

ArmInfo.On June 24, 2026, AraratBank held its Annual General Meeting of Shareholders. In 2025, the Bank strengthened its position in the banking sector, expanded its services, and established significant partnerships with leading international financial institutions.

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Converse Bank and ADB expand access to MSME and sustainable finance in Armenia
 Friday, June 26 2026 13:18

ArmInfo.Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments. 

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Armenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNet
 Thursday, June 25 2026 16:58

ArmInfo. Armenia’s two largest QR payment systems, IdramNet and ArcaQR, are joining forces to enable interoperability between their networks. As a result, Idram users will now be able to make fast and convenient payments by simply scanning ArcaQR codes directly through the Idram&IDBank app.

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RA government to allocate additional AMD 10bln to pay cashback on  non-cash purchases for pensioners
 Thursday, June 25 2026 14:52

ArmInfo.  The RA government will allocate an additional 10 billion drams to pay cashback on non-cash purchases for pensioners. The decision was made at the Cabinet  meeting on June 25.

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Armenia to receive EUR 80mln loan from OPEC Fund for International  Development
 Thursday, June 25 2026 14:46

ArmInfo. Armenia will receive an 80 million euro loan from the OPEC Fund for International Development, which will be used to fill the country's state budget  deficit. The decision to this effect was made at a government meeting  on June 25.

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Finance Minister: EDB`s priorities within new strategy for 2027-2031  critical for Armenia`s future
 Thursday, June 25 2026 11:38

ArmInfo.The priorities of the Eurasian Development Bank (EDB) within the new strategy for 2027-2031 are critical for Armenia's future. This was stated by Armenian Finance Minister Vahe Hovhannisyan on June 25 at the annual meeting and business forum dedicated to the 20th anniversary of the Eurasian  Development Bank in Almaty.

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Up to 20% idcoin for International Shopping with IDBank Visa Cards
 Wednesday, June 24 2026 19:09

ArmInfo. Online shopping has long become part of everyday life. With just a few clicks, you can order sneakers, clothing, accessories, or virtually any other product from stores around the world. But shopping becomes even more enjoyable when it is not only convenient, but also rewarding.

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AI Solutions, Expanded Geography and Much More. Eventhub`s New Features and Offers
 Wednesday, June 24 2026 17:17

ArmInfo. The event ticketing platform Eventhub is expanding its features, making the European market accessible to local buyers and event agencies.

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BSTDB and IDBank Sign EUR 10 million Financing Package  to Support SMEs and Trade in Armenia
 Tuesday, June 23 2026 15:02

ArmInfo.New partnership will expand access to finance for businesses and support cross-border trade.

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RA Ministry of Finance: In January-May 2026, Armenia`s state budget  executed with a surplus of AMD 95.8bln 
 Tuesday, June 23 2026 12:30

ArmInfo. The RA Ministry of Finance presented information on the execution of the state budget of the Republic of Armenia for January-May 2026.

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Moody’s affirms IDBank’s Ba3 rating with a stable outlook
 Tuesday, June 23 2026 10:57

ArmInfo.The prestigious international rating agency Moody’s Ratings has affirmed IDBank's long-term local and foreign currency bank deposit ratings at "Ba3" with a stable outlook.

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In Armenia`s interbank currency market from June 15 to 19, ruble transactions were executed more actively than dollar ones.
 Friday, June 19 2026 18:18

ArmInfo.In Armenia's interbank currency market from June 15 to 19, 2026, ruble transactions experienced growth, while dollar transactions began to decline. Euro transactions have not been executed for nearly four months.

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AraratBank: A New Rhythm of Life for Children with Hearing Impairments
 Friday, June 19 2026 18:03

ArmInfo.A year ago, AraratBank launched a meaningful initiative aimed at giving children with hearing impairments the opportunity to experience the rhythm and magic of music.

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Ameriabank has Completed Placement of USD 100M Perpetual Bonds
 Friday, June 19 2026 12:08

ArmInfo. Ameriabank has fully placed its first-ever perpetual bonds in total amount of USD 100 million. The bonds were issued in two tranches, in February and April. In both issuances, the entire volume was subscribed before the planned deadline, demonstrating strong demand for the securities.

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The EBRD is ready to invest in Armenia`s hotel sector, but there are not enough developed projects – David Manukyan
 Thursday, June 18 2026 19:20

ArmInfo. Despite investor interest in Armenia's hospitality sector, the European Bank for Reconstruction and Development (EBRD) faces a shortage of well-prepared projects that could receive financing.

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Idram and Glovo Sign Memorandum of Cooperation in Barcelona
 Thursday, June 18 2026 17:56

ArmInfo.As part of Glovo Retail Media Day 2026, Idram and Glovo signed a memorandum of cooperation at Glovo’s headquarters in Barcelona. As part of the partnership, soon users will be able to make payments in the Glovo app through the Idram&IDBank app by selecting Idram as a payment method.

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Starting in July of this year, high-quality Armenian tomatoes to be  exported to Europe
 Thursday, June 18 2026 15:56

ArmInfo.With the support of ACBA Leasing, Prom Group purchased 20 modern Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe starting in July of this year. This was announced by ACBA Leasing on its  Facebook page.

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Top Travel Destinations of 2026: IDBank
 Thursday, June 18 2026 15:35

ArmInfo. Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories. 2026 offers travelers the perfect blend of timeless classics and hidden gems waiting to be explored.  

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Institution of restructuring insolvent banks being introduced in  Armenian banking system
 Thursday, June 18 2026 11:01

ArmInfo.  For the first time, the institution of restructuring (bank resolution) of insolvent banks is being introduced in the Armenian banking system. At its June 18 session, the National Assembly of the Republic of Armenia discussed the draft law "On Bank Restructuring" and a large package of related documents submitted by the Armenian government in the first reading.

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News
Armenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  declineArmenian FX market, June 22-26:  USD transactions increase, while RUB  transactions  decline
Official: Armenia collaborating with EEC to develop unified digital  platform within EAEU public procurementOfficial: Armenia collaborating with EEC to develop unified digital  platform within EAEU public procurement
Armenia,  EU discuss strengthening economic resilience and exploring  new markets Armenia,  EU discuss strengthening economic resilience and exploring  new markets
Jrbashyan: Armenia Leads South Caucasus in Societal Readiness for  Demographic ShiftsJrbashyan: Armenia Leads South Caucasus in Societal Readiness for  Demographic Shifts
Prospects for exporting Armenian flowers to Europe discussed in The  HagueProspects for exporting Armenian flowers to Europe discussed in The  Hague
Ameriabank Raises USD 50 Million from OPEC Fund for International Development to boost SME Financing in ArmeniaAmeriabank Raises USD 50 Million from OPEC Fund for International Development to boost SME Financing in Armenia
AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders 
FLYONE ARMENIA to launch Yerevan-Tashkent-Yerevan flightsFLYONE ARMENIA to launch Yerevan-Tashkent-Yerevan flights
Converse Bank and ADB expand access to MSME and sustainable finance in ArmeniaConverse Bank and ADB expand access to MSME and sustainable finance in Armenia
The Russian Fish Union stated that the ban on fish imports from Armenia will not lead to price increasesThe Russian Fish Union stated that the ban on fish imports from Armenia will not lead to price increases
Armenia and Iran agreed to jointly oversee construction of 400 kV  power lineArmenia and Iran agreed to jointly oversee construction of 400 kV  power line
Russia expands restrictions on imports of all fish products from  ArmeniaRussia expands restrictions on imports of all fish products from  Armenia
Armenia`s Economy Minister discussed current government support programs with exporters.Armenia`s Economy Minister discussed current government support programs with exporters.
In Yerevan, issues were discussed concerning the export of agricultural products and flowers transported from Armenia to the United States and to other countries via Turkey.In Yerevan, issues were discussed concerning the export of agricultural products and flowers transported from Armenia to the United States and to other countries via Turkey.
Armenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNetArmenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNet
Facilitating access for Armenian agricultural products to EU markets  main agenda item during European Commission President`s visit to  Armenia Facilitating access for Armenian agricultural products to EU markets  main agenda item during European Commission President`s visit to  Armenia
The EDB Board approved the Bank`s Development Strategy for 2027–2031.The EDB Board approved the Bank`s Development Strategy for 2027–2031.
Armenia needs to revisit issue of quality standards - RA premier Armenia needs to revisit issue of quality standards - RA premier 
A meeting between Indian and Armenian entrepreneurs will take placeA meeting between Indian and Armenian entrepreneurs will take place
If there is no free movement, then there is no EAEU - RA premierIf there is no free movement, then there is no EAEU - RA premier
RA government to allocate additional AMD 10bln to pay cashback on  non-cash purchases for pensioners RA government to allocate additional AMD 10bln to pay cashback on  non-cash purchases for pensioners
Double-digit growth in industrial sector accelerated industrial price  indexDouble-digit growth in industrial sector accelerated industrial price  index
Armenia to receive EUR 80mln loan from OPEC Fund for International  Development Armenia to receive EUR 80mln loan from OPEC Fund for International  Development
Armenia plans to implement IMEI code control system for cell phones Armenia plans to implement IMEI code control system for cell phones
EDB analysts do not expect significant revisions to Armenia`s  economic growth rate in 2026EDB analysts do not expect significant revisions to Armenia`s  economic growth rate in 2026
In Armenia, economic activity growth accelerates from 5.7% to 8% in  January-May 2026, but foreign trade remains in declineIn Armenia, economic activity growth accelerates from 5.7% to 8% in  January-May 2026, but foreign trade remains in decline
Preparation of design and estimate documents for construction of  football stadium in Geahovit underway Preparation of design and estimate documents for construction of  football stadium in Geahovit underway 
Podguzov: EDB to strive to formulate sound and effective country  strategy for Armenia for 2027-2031Podguzov: EDB to strive to formulate sound and effective country  strategy for Armenia for 2027-2031
Armenian government approved signing of intergovernmental agreement  with Uzbekistan on international road transportArmenian government approved signing of intergovernmental agreement  with Uzbekistan on international road transport
Armenian premier announces discussions on Eurasian Economic UnionArmenian premier announces discussions on Eurasian Economic Union
Armenian authorities to provide assistance to farmers facing restrictions on exporting their produce to Russian FederationArmenian authorities to provide assistance to farmers facing restrictions on exporting their produce to Russian Federation
Podguzov: Eurasian connectivity not abstract topic for Armenia, but  factor in trade developmentPodguzov: Eurasian connectivity not abstract topic for Armenia, but  factor in trade development
RA vice-premier participates in annual meeting of Eurasian  Development Bank CouncilRA vice-premier participates in annual meeting of Eurasian  Development Bank Council
Ukrainian Chamber of Commerce and Industry opens representative  office in ArmeniaUkrainian Chamber of Commerce and Industry opens representative  office in Armenia
Finance Minister: EDB`s priorities within new strategy for 2027-2031  critical for Armenia`s futureFinance Minister: EDB`s priorities within new strategy for 2027-2031  critical for Armenia`s future
Numbeo: Yerevan most expensive capital in South Caucasus in terms of  cost of livingNumbeo: Yerevan most expensive capital in South Caucasus in terms of  cost of living
Members of the Board of Trustees of the Universal Medical Insurance Fund and its general director have been elected.Members of the Board of Trustees of the Universal Medical Insurance Fund and its general director have been elected.
Up to 20% idcoin for International Shopping with IDBank Visa CardsUp to 20% idcoin for International Shopping with IDBank Visa Cards
Coliform bacteria detected in DILI LLC dairy products - plant  operations suspended Coliform bacteria detected in DILI LLC dairy products - plant  operations suspended
AI Solutions, Expanded Geography and Much More. Eventhub`s New Features and OffersAI Solutions, Expanded Geography and Much More. Eventhub`s New Features and Offers
RA vice-premier hosts newly appointed and outgoing Regional Director  for Caucasus and Head of EBRD Armenia OfficeRA vice-premier hosts newly appointed and outgoing Regional Director  for Caucasus and Head of EBRD Armenia Office
Mkhitar Hayrapetyan on AI data center in Gagarin as result of many  years of consistent work Mkhitar Hayrapetyan on AI data center in Gagarin as result of many  years of consistent work
Armenian authorities working to grant international status to Syunik  Airport in KapanArmenian authorities working to grant international status to Syunik  Airport in Kapan
Center Director: Spring and June 2026 in Armenia wettest periods in  recent decadesCenter Director: Spring and June 2026 in Armenia wettest periods in  recent decades
Armenia, European Commission, EIB sign memorandum of understanding on  developing transport connectivityArmenia, European Commission, EIB sign memorandum of understanding on  developing transport connectivity
SRC reminds of changes to procedure for collecting unpaid tax arrearsSRC reminds of changes to procedure for collecting unpaid tax arrears
Armenian Tourism Committee launching large-scale marketing campaign  with CNN media network Armenian Tourism Committee launching large-scale marketing campaign  with CNN media network 
The Minister of Economy received the heads of EU diplomatic missionsThe Minister of Economy received the heads of EU diplomatic missions
Russia may impose a complete ban on diesel fuel exports.Russia may impose a complete ban on diesel fuel exports.
Armenia and Iran discussed measures to increase border capacityArmenia and Iran discussed measures to increase border capacity
Economist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidthEconomist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidth
European Commission intends to allocate up to EUR2bln to develop  connectivity in Black Sea region and South CaucasusEuropean Commission intends to allocate up to EUR2bln to develop  connectivity in Black Sea region and South Caucasus
Armenia, Turkey discuss efforts to restore transport links between  two countriesArmenia, Turkey discuss efforts to restore transport links between  two countries
ChatGPT Edu tool presentation to take place in Armenia ChatGPT Edu tool presentation to take place in Armenia
BSTDB and IDBank Sign EUR 10 million Financing Package  to Support SMEs and Trade in ArmeniaBSTDB and IDBank Sign EUR 10 million Financing Package  to Support SMEs and Trade in Armenia
Telecommunications transit between Armenia and Azerbaijan can become  either process of mutually beneficial cooperation or interdependence  - ex-official Telecommunications transit between Armenia and Azerbaijan can become  either process of mutually beneficial cooperation or interdependence  - ex-official 
RA Ministry of Finance: In January-May 2026, Armenia`s state budget  executed with a surplus of AMD 95.8bln RA Ministry of Finance: In January-May 2026, Armenia`s state budget  executed with a surplus of AMD 95.8bln 
NGO Head: If address of competition Universal Health Insurance Fund  Board of Trustees members secret, it`s not hard to guess status of  its resultsNGO Head: If address of competition Universal Health Insurance Fund  Board of Trustees members secret, it`s not hard to guess status of  its results
SRC: Starting July 1, conformity assessment documents to be submitted  to customs authorities for certain goodsSRC: Starting July 1, conformity assessment documents to be submitted  to customs authorities for certain goods
CAFSEP program plans to establish agricultural logistics centers in  Tavush and ShirakCAFSEP program plans to establish agricultural logistics centers in  Tavush and Shirak
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Exchange rates
26.06.2026
RUB4.74-0.13
USD368.12-0.14
EUR419.842.09
GBP486.691.80
CAD259.611.05
JPY22.780.03
CNY54.14-0.01
CHF455.372.24




Experts
Economist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidthEconomist on Telecom Transit Agreement: Azerbaijan to gain access to  100 Gbps bandwidth
An Armenian expert assessed the risks in connection with the signing of a cooperation agreement between An Armenian expert assessed the risks in connection with the signing of a cooperation agreement between "Telecom Armenia" and "Azertelkom."
Armenia under incumbent premier to continue to work within EAEU -  expert Armenia under incumbent premier to continue to work within EAEU -  expert 
Read more

Commented
Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President
For first time, institution of restructuring insolvent banks is being  introduced in Armenian banking systemFor first time, institution of restructuring insolvent banks is being  introduced in Armenian banking system
Customs duties not to be charged for delivery of new trolleybuses to  ArmeniaCustoms duties not to be charged for delivery of new trolleybuses to  Armenia
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banksIn Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP