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

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Euro ups against dram, while the dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 17, 2026, decreased by 0.35 points compared to April 16, to 373.81 drams.

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img