Wed, 25 February
-1.9 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

Armenia’s commercial banks purchased over $96,3 mln last week

YEREVAN, October 29. /ARKA/. Armenian commercial banks purchased over $96.3 million at an average weighted rate of 405.04 drams per $1 from 29 October to 2 November 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 6 million euros and about 670.8 million rubles at an average weighted rate of 523.59 drams per €1 and 12.8 drams per 1 ruble respectively.

The banks sold $111.6 million, over €12.2 million and nearly 106.3 million rubles at an average weighted rate of 406.14 drams, 526.92 drams and 12.99 drams respectively.

Moreover, from 22 to 28 October the volume of AMD loans provided by the Armenian banks totaled 36.6 billion drams, and USD loans- $46.7 million. ($1 – 405.96 drams).—

spot_img

POPULAR

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

LATEST NEWS

spot_imgspot_imgspot_img