$85.1 million bought by Armenian banks between Jan 9 and 13

YEREVAN, January 13. /ARKA/. Commercial banks bought $85.1 million at 386.27 drams per one dollar average exchange rate and sold about $113.4 million at 387.3 drams at Armenia’s intra-bank forex over a period between January 9 and 13, the press office of the Central Bank of Armenia reported on Friday.
 
According to the press office of the Central Bank of Armenia, about €4.7 million were bought here at €1 = AMD 492.89 and €11.2 million at €1 = 497.64 average exchange rate.
 
Transactions on Russian rubles were effected here as well – 503.6 million rubles were bought at 11.98 drams per one ruble and 73.4 million rubles sold at 12.28 drams per one ruble.
 
Dollar-dram exchange transactions were effected at $1 = AMD 388.28 average exchange rate at NASDAQ OMX Armenia over the mentioned period of time. They totalled $18.6 million. No deal on the euro and the ruble were concluded here at the mentioned period.
 
Dollar-dram exchange deals at inter-banking forex effected at $1 = AMD 386.1 at the mentioned period. They totaled $3.95 million. No deals were effected here on two other foreign currencies.
 
Armenian banks lent AMD 33.3 billion and $104.9 million between December 26 and January 8. ($1 – 388.16).-0—
spot_img

POPULAR

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Euro to Armenian dram exchange rate continued to decline, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img