Armenian Banks Bought $77.3 Million at Local Forex Market

YEREVAN, July 16. /ARKA/. Armenian commercial banks bought a total of  $77.3 million at the local forex market at  an exchange rate of 364.49  Drams per one Dollar in a time span between July 13 and 16, the Central Bank of Armenia said.

They also sold a total of $78.3 million at 366.1 Drams per one USD. The aggregate volume of deals in USD at NASDAQ OMX Armenia amounted to $17.9  million at the average exchange rate of  364.08 Drams per  one USD.

At the same time the volume of deals among banks  for purchase and sale of foreign currency totaled  $400,000 at 363.59 Drams per  one USD. Besides, the banks extended 13.6 billion Drams  worth  credits  in the national currency and $34.3 million in USD. ($1 – 363.9 Drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026

The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

LATEST NEWS

spot_imgspot_imgspot_img