Armenian commercial banks buy $70.4 million at local market November 15-19

YEREVAN, November 19, /ARKA/. Armenian commercial banks bought a total of $70.4 million at the local foreign exchange market November 15-19 at an average weighted exchange rate of 361.22 Drams per one USD, the Central Bank of Armenia said.
It also said the banks sold about $73 million in the same time span at 362.6 Drams per one USD.

The total amount of deals in USD effected at NASDAQ OMX Armenia stock exchange was $13.8 million at the average exchange rate of 361.2 Drams per one USD.

Also $1.05 million were sold and purchased at inter-bank market at the exchange rate of 362.29 Drams per one USD.

On November 8-14 Armenian banks extended 14.9 billion Drams worth loans in Armenian national currency and also loans in USD worth $40.8 million. ($1 – 361.05 Drams). -0-

spot_img

POPULAR

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

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

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img