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

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.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

IMF enables Armenia’s  access to about US$25.1 million under new SBA

The Executive Board of the International Monetary Fund (IMF) said it has completed the first review under the Stand-By Arrangement (SBA) with Armenia.

Armenian dram exchange rate fell by 4.25 points, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 8, 2026, fell by 0.01 points compared to June 5, to 368.53 drams.

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.

LATEST NEWS

spot_imgspot_imgspot_img