Banks Of Armenia Have Sold Dollars More Than Bought In Inter-Banking Market From October 24-28

YEREVAN, October 28. /ARKA/. In inter-banking market of Armenia from October 24-28 the banks sold about $86.4 million by weighted average rate of 378.54 drams per $1, press-service of Central Bank of Armenia informed ARKA News Agency.

In inter-banking market of foreign currency was bought about $79.5 million by weighted average rate of 377.29 drams per $1 in the same period.

Total volume of transactions in USD implemented in NASDAQ OMX Armenia stock exchange was $11.7 million by weighted average rate of 378.26 drams per $1.

From October 17-23 the volume of dram credits provided by the Armenian banks was 24.6 billion drams, and $40.7 million – in dollars. ($1 – 378.58 drams).–0–

spot_img

POPULAR

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img