Armenia’s commercial banks purchased $78.4 mln last week

YEREVAN, October 29. /ARKA/. Armenian commercial banks purchased over $78.4 million at an average weighted rate of 404.95 drams per $1 from 22 to 26 October in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 5.9 million euros and about 712.4 million rubles at average weighted rates of 527.47 drams per €1 and 12.91 drams per 1 ruble respectively.

The banks sold $91.3 million, over €9.5 million and nearly 107.1 million rubles at average weighted rates of 406.12 drams, 529.42 drams and 13.11 drams respectively.

Moreover, from 15 to 21 October the volume of AMD loans provided by the Armenian banks totaled 30.9 billion drams, and USD loans- $49.9 million. ($1 – 405.3 drams).—

spot_img

POPULAR

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.

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.

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

Customer Appreciation Day – This Time at IDBank’s “Erebuni” Branch

YEREVAN, August 11. /ARKA/. IDBank’s initiative dedicated to thanking customers and surprising them without any special occasion was held at the “Erebuni” Branch.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img