Armenian Commercial Banks obtained over $86.6 mln last week

YEREVAN, June 10./ARKA/. Armenian commercial banks purchased over $86.6 million at an average weighted rate of 415.40 drams per $1 from 3 to 7 June in intra-banking market of foreign currency, Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 6.47 million euros and over 615.5 million rubles at average weighted exchange rates of 541.93 drams per €1 and 12.88 drams per 1 ruble respectively.
The banks sold about $89 million, nearly €9.5 million and around 140.6 million rubles at average weighted rates of 416.60 drams, 545.56 drams and 13.07 drams respectively.

Moreover, from 27 May  to 2 June   the volume of AMD loans provided by the Armenian banks totaled 35.4 billion drams, and USD loans- $46.1  million. ($1 – 414.14 drams). —0-

spot_img

POPULAR

Stepan Gishyan Foundation’s grant competition results have been announced

The Stepan Gishyan Charitable Foundation has announced the results of its 2026 grant competition.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

LATEST NEWS

spot_imgspot_imgspot_img