Fri, 27 February
2.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Armenia’s commercial banks purchased over $104.7 mln last week

YEREVAN, December 24. /ARKA/. Armenian commercial banks purchased over $104.7 million at an average weighted rate of 405.69 drams per dollar in the period from December 17 to 21 in forex intra-banking market, the press service of Armenia’s Central Bank reported.

At the same period, the banks obtained nearly 9.8 million euros and over 832.3 million rubles at average weighted rates of 533.63 drams per euro and 13.06 drams per ruble respectively.

The banks sold nearly $121.9 million, nearly €9.5 million and about 138.4 million rubles at average weighted rates of 406.8, 536.91 and 13.26 drams respectively.

Apart from that, in the period from December 10 to 16, Armenian commercial banks extended loans in local currency worth a total of 33.7bln drams and loans in USD worth a total of $46.9 million. ($1=404.75drams).–0–

spot_img

POPULAR

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.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading.

LATEST NEWS

spot_imgspot_imgspot_img