Armenia’s commercial banks purchased over $96.2 mln last week

YEREVAN, October 22. /ARKA/. Armenian commercial banks obtained over $96.2 million at an average weighted rate of 406.65 drams per $1 within October 15-19 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports.

At the same period, the banks purchased nearly 7 million euros and about 864.2 million rubles at an average weighted rate of 526.47 drams per €1 and 13.03 drams per 1 ruble.
The banks sold $112.3 million, over €9.8 million and nearly 68.9 million rubles at average weighted rates 407.69 drams, 530.05 drams and 13.22 drams respectively.

Moreover, from 8 to 14 October, the volume of AMD loans provided by the Armenian banks totaled  28.8 billion drams, and USD loans- $64.4 million. ($1- 405.85 drams). —

spot_img

POPULAR

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

LATEST NEWS

spot_imgspot_imgspot_img