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

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Mher Ananyan joins Unibank’s Management Board

According to the decision of the Board of Unibank OJSC dated August 3, 2026, Mher Ananyan has been appointed Acting First Deputy Chairman of the Management Board.  

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

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.

LATEST NEWS

spot_imgspot_imgspot_img