Wed, 4 February
0.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Armenian banks buy January 24-27 some $87.1 million and sell $91.5 million

YEREVAN, January 27. / ARKA /. Armenian commercial banks bought January 24-27 a total of $87.1 million at the local inter-bank fore in exchange market at an average weighted exchange rate of 363.83 Drams per one USD, the Central Bank of Armenia reported. It said the banks sold in the same time span a total of $91.5 million at 365.41 Drams per one USD.

The total amount of deals in USD at NASDAQ OMX Armenia exchange in the same period of time was $21.9 million. The average weighted exchange rate was 363.23 Drams per one USD. The Central Bank said $4.1 million worth deals on purchase and sale of USD were effected at intra-bank market at an average weighted exchange rate of 364.86 Drams per one USD. The banks also provided 17.8 billion Drams worth loans on January 24-27 in Armenia’s national currency and also $21.9 million loans in USD. -0-

spot_img

POPULAR

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

LATEST NEWS

spot_imgspot_imgspot_img