Armenia’s Commercial Banks purchase over $80.2mln at intra-banking forex market last week

YEREVAN, January 29. /ARKA/. Armenian commercial banks purchased more than $80.2mln at a weighted average rate of 405.43drams per $1 in intra-banking foreign exchange market on January 21-25, the press service of the Central Bank reported.

In the same period, about 9.5mln euros and over 528mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 540.82drams per €1 and 13.29drams per ruble respectively.

At the same time, about $96mln, about €11.1mln and about 80.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.47drams, 542.81drams and 13.49drams respectively.

Dram loans extended by Armenian banks during the week totalled 30bln drams; dollar loans amounted to a total of $41.3mln. ($1=406.29drams). –0–

spot_img

POPULAR

Market capitalization increased by 27.4% in May, exceeding 478 billion drams – Armenia Securities Exchange

Equity market capitalization increased by 27.4% in May 2026, exceeding 478.8 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

LATEST NEWS

spot_imgspot_imgspot_img