Armenian commercial banks purchase over $82.9mln on intra-banking forex market last week

YEREVAN, November 26. /ARKA/. Armenian commercial banks purchased more than $82.9mln at a weighted average rate of 406.5drams per $1 on the intra-banking foreign exchange market on November 19-23, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and 757.1mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 518.68drams per €1 and 12.83drams per ruble respectively.

At the same time, $89.9mln, about €12.9mln and about 81.4rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.56drams, 522.39drams and 13.01drams respectively.

Dram loans extended by Armenian banks from November 12 to November 18 totalled 31.1bln drams; dollar loans were $36.4mln. ($1=406.37drams).–0–

spot_img

POPULAR

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

LATEST NEWS

spot_imgspot_imgspot_img