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Dollar transactions increased while ruble transactions declined on Armenia's currency interbank market

News | 2026/07/22 02:00

Dollar transactions increased while ruble transactions declined on Armenia's currency interbank market

The dram strengthens against the dollar and euro

On Armenia's currency interbank market from July 13 to 17, dollar transactions continued to rise, while ruble transactions deepened in decline. The growth of dollar transactions slowed from 67% to 7%, while the decline in ruble transactions accelerated from 15% to 59.4%:

As a result, the weekly volume of dollar transactions regained dominance over ruble transactions by almost 2 times. The dram strengthened against the dollar from 365.5 to 364.3 dr/$1, against the euro from 418 to 417 dr/1 euro, and against the ruble from 4.39 to 4.22 dr/1 ruble:

A year earlier, on July 17, 2025, the exchange rate of the dram against the dollar was 384.5 dr/$1, against the euro - 446 dr/1 euro, and against the ruble - 4.88 dr/1 ruble.

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