Armenia’s commercial banks obtained over $89.2 mln last week

YEREVAN, November 19./ ARKA/. Armenia’s banks obtained over $89.2 million at an average weighted exchange rate of 408.14 drams per $1 at intra-banking foreign currency market from 12 to 16 November, according to the Central Bank of Armenia.

At the same time, the banks purchased nearly 6.2 million euros and about 746.1 million rubles at average weighted exchange rates of 518.75 drams per €1 and 12.79 drams per 1 ruble.

At the same time, the banks sold $94.5 million, about €13.6 million and nearly 111.6 million rubles at average weighted exchange rates of 409.25, 521.48 and 12.96 drams respectively.

Moreover, from 5 to 11 November, the volume of AMD loans provided by the Armenian banks totaled 27.7 billion drams, and USD credits- $41.3 million. ($1- 407.38 drams).—0-

spot_img

POPULAR

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

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 March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

LATEST NEWS

spot_imgspot_imgspot_img