Armenian banks buy $60.1 million at local foreign exchange market January 17-21

YEREVAN, January 21, /ARKA Armenian commercial banks bought a total of $60.1 million at the local inter-bank foreign exchange market between January 17-21 at an average exchange rate of 365.71 Drams per one USD, the Central Bank of Armenia reported. It said also the banks sold $67.3 million in the same time span at the average weighted exchange rate of 367.2 Drams per one USD.

The aggregated volume of deals effected at NASDAQ OMX Armenia exchange in USD amounted to $16.5 million at 368. 5 Drams per one USD. Also some $2.3 million worth forex deals were effected at intra-bank market at an average exchange rate of 366.72 Drams per one USD.

The banks also extended 17.7 billion Drams worth credits between January 17-21 in Armenian national currency and $28 million loans in USD. ($1 – 367.39 Drams).  -0-

spot_img

POPULAR

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

AMX held an auction to place government bonds worth 70 billion drams

YEREVAN, October 30. /ARKA/. On October 29, the Armenia...

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img