About $73.6 million bought by Armenian banks between November 21 and 25

YEREVAN, November 25. /ARKA/. Banks sold $88.6 million at 384.61 drams per one dollar average exchange rate and bought about $73,6 million at 383.37 drams at Armenia’s intra-bank forex over a period between November 21 and 25, the press office of the Central Bank of Armenia reported on Friday.
 
Dollar-dram exchange transactions were effected at $1 = AMD 383.62 average exchange rate at NASDAQ OMX Armenia at the mentioned period of time. They totalled $14.4 million.
 
Dollar-dram exchange transactions at inter-banking forex effected at $1 = AMD 384.5 at the mentioned period. They totaled $200,000.
 
Armenian banks lent AMD 24.4 billion and $32.6 million between November 14 and 20. ($1 – AMD 383.42). -0—

spot_img

POPULAR

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img