Some $50.8 million bought by Armenian commercial banks at intrabank forex market february 15- 19

YEREVAN, February 20. /ARKA/. A total of $50.8 million was bought by Armenian commercial banks at intrabank forex market in a time span between February 15- 19 at average weighted exchange rate of 380.61 drams per one USD, the Central Bank of Armenia said to ARKA.

It said also a total of $72.2 million were sold in the same time span at intrabank forex market at 381.72 drams per one $1.

A total of $1.2 million worth deals were effected at inter-bank forex market in the same period at average weighted 381.46 drams per $1.

The aggregate amount of deals effected at NASDAQ OMX Armenia exchange totaled $7 million at 381.89 Drams per $1.

The Central Bank said also the banks allocated credits worth 17.7 billion Drams and $26.4 million Drams between February 8-14. ($1 – 381.75 Drams). -0-

spot_img

POPULAR

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

LATEST NEWS

spot_imgspot_imgspot_img