Wed, 4 February
6.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Armenian commercial banks buy $86.4 million at local forex market on June 11-15

YEREVAN, June 19, /ARKA/. Armenian commercial banks bought a total of $86.4 million at the local forex market on June 11-15 at the average exchange rate of 413.08 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also about 4.9 million euros at 516.58 drams exchange rate per one euro and over 563 million rubles at 12.27 drams rate per one ruble. In the same time span the banks sold over $97.3 million at 414.42 drams rate, over €7.2 million at 520.85 drams exchange rate and 73 million rubles at 12.79 drams exchange rate per one ruble.

Besides, from June 4 to June 10 the banks provided 26.6 billion drams worth loans in Armenian currency and $39.6 million loans in USD. ($1 – 414.96 drams). -0-

spot_img

POPULAR

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

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.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

LATEST NEWS

spot_imgspot_imgspot_img