Armenian commercial banks obtained over $72.3 mln last week

YEREVAN, March 18. /ARKA/. Armenian commercial banks purchased over $72.3 million at an average weighted rate of 411.76 drams per $1 from 11 to 15 March in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 5.8 million euros and over 528 million rubles at average weighted rates of 534.96 drams per €1 and 13.31 drams per 1 ruble respectively.

The banks sold about $91.3 million, nearly €12.6 million and around 88.1 million rubles at average weighted rates of 413.16 drams, 537.94 drams and 13.49 drams respectively.

Moreover, from 4 to 10 March the volume of AMD loans provided by the Armenian banks totaled 24.1 billion drams, and USD loans- $32.1 million. ($1 – 414.24 drams).—0-

spot_img

POPULAR

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

LATEST NEWS

spot_imgspot_imgspot_img