Armenian banks sell $96.7 million September 26-30 at local foreign currency market

YEREVAN, September 30. / ARKA /. Armenian commercial banks sold a total of $86.7 million at the local foreign currency market September 26-30 at the average exchange rate of 370.67 drams per one US Dollar, the Central Bank of Armenia said to ARKA.

It said they also bought some $96.3 million at the average exchange rate of 372.01 drams per one US Dollar.

The aggregate amount of transactions effected at NASDAQ OMX Armenia stock exchange in U.S. dollars amounted to $9.075 million at the average weighted exchange rate of 370.22 drams per one USD. In the same time span the banks bought and sold a total of $1.75 million at the local inter-bank market at the average exchange rate of 370.22 Drams per $1.

Besides, the banks provided September 19-25 some 24 billion drams worth loans in Armenia’s national currency and $29.4 million worth loans in U.S. dollars. ($1 – 372.05 drams).  -0-

spot_img

POPULAR

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

LATEST NEWS

spot_imgspot_imgspot_img