Armenian commercial banks buy $76.9 million at local foreex market July 17 and 21

YEREVAN, June 24. /ARKA/.  Armenian commercial banks bought a total of $76.9 million at the local foreign currency market in a time span between July 17 and 21 at the average weighted exchange rate of 411.10 drams per one US Dollar,  the Central  Bank of Armenia told ARKA.  It said they also bought  6.7 million euros  and some  661.2  million Russian rubles at 503.32  and 12.61 drams exchange rate respectively.

In the same time span they sold some $91.6 million,   €17 million and over  62.1  million Russian rubles at  412.28,  509.98  and  12.83 drams respectively.

Besides, from July 9 to 15 the banks provided 35.4 billion drams worth loans in the national currency and $61.8 million in USD. ($1 – 411.25 drams).  -0-

spot_img

POPULAR

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

LATEST NEWS

spot_imgspot_imgspot_img