Armenian Banks purchase over $77.7mln last week

YEREVAN, November 12. /ARKA/. Armenian commercial banks purchased more than 77.7mln dollars at an average weighted exchange rate of 407.15drams per USD on intra-banking foreign exchange market from November 5 to November 9, the press service of Armenia’s Central Bank reported.

Over the same period, the banks obtained about 7.1mln euros and about 768mln rubles at an average weighted rate of 520.13 drams per euro and 12.85 drams per ruble respectively.

The banks sold 83.8mln dollars, over 11.4mln euros and about 120.3mln rubles at an average weighted rate of 408.34 drams, 523.58 drams and 13.04 drams respectively.

Over the period from October 29 to November 4, dram loans extended by Armenian banks totaled 40.8bln drams, and dollar loans were 54mln dollars. ($1=408.91drams). –0—

spot_img

POPULAR

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

UATE Expo bonds worth over 763 million drams listed on AMX

UATE Expo LLC (UATE) is entering the capital markets by listing its bonds on the Armenian Stock Exchange (AMX), the exchange's press service reported.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

LATEST NEWS

spot_imgspot_imgspot_img