Armenian commercial banks buy nearly $75.8 mln at local forex market last week

YEREVAN, June 25. /ARKA/. Armenian commercial banks bought nearly $75.8 million at the local forex market on June 18-22 at the average exchange rate of 415.63 drams per $1, the Central Bank of Armenia told ARKA.

It said the banks bought also over 7.9 million euros at 523.55 drams exchange rate per €1 and nearly 711 million rubles at 12.66 drams rate per 1 ruble. In the same time span the banks sold nearly $88.7 million at 416.79 drams rate, about €14.5 million at 527.51 drams exchange rate and over 101.6 million rubles at 12.86 drams exchange rate per 1 ruble.

Besides, from June 11 to June 17 the banks provided 29.6 billion drams in loans and $34.8 million loans in USD. ($1 –418.54 drams).—0–

spot_img

POPULAR

Armenian police warn of new phishing scheme purporting to be a bank

The Armenian Ministry of Internal Affairs' cyber police have warned of a fraudulent advertisement actively spreading on social media, purporting to be a joint offer from AMIO Bank and Yandex Eats.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

LATEST NEWS

spot_imgspot_imgspot_img