Thu, 5 February
3.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

$73.6 Million Bought By Armenian Banks Between July 11 And 15

YEREVAN, July 15. /ARKA/. Banks bought $73.6 million at Armenia’s intra-bank forex over the period between July 11 and 15 at $1 = AMD 367.6 average exchange rate and sold $77.2 million at 368.87 drams per one dollar, the press office of the Central Bank of Armenia reported on Friday.

Dollar-dram exchange deals worth $18.4 million were effected at NASDAQ OMX Armenia Stock Exchange over the mentioned period.

Dollar-dram transactions effected at inter-banking market totaled $1.05 million. The dollar traded at 367.85 drams.

Armenian banks lent AMD 21.5 billion and $25.9 million over the period between July 4 and 10. ($1 = AMD 367.3). –0–

spot_img

POPULAR

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img