Armenian commercial banks buy f $58.9 million at intra-bank forex market in one week

YEREVAN, April 23. /ARKA/. Armenian commercial banks bought a total of $58.9 million at intra-bank forex market in a time span between April 19-23 paying 392.35 Drams per one US Dollar, the Central Bank of Armenia said today. It said a total of $59.8 million were sold in the same time span at an exchange rate of 393.81 Drams per one $1.

It said the aggregate amount of deals effected at NASDAQ OMX Armenia stock exchange this week

totaled about $10 million. The deals were effected at an exchange rate of 390.78 Drams per one $1.

In the reporting period the volume of inter-bank forex deals amounted to $700,000 with an exchange rate of 393.03 Drams per one US Dollar. Besides, Armenian banks extended 12.9 billion Drams worth loans from April 12 to 18. The volume of loans extended in USD in the same time period was $26. 9 million. ($1 – 390.33 Drams).  -0-

spot_img

POPULAR

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first quarter of 2026.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

LATEST NEWS

spot_imgspot_imgspot_img