Armenia’s commercial banks purchase over $74.5mln at intra-banking forex market last week

YEREVAN, June 17. /ARKA/. Armenian commercial banks purchased more than $74.5mln at a weighted average rate of 411.40drams per $1 in intra-banking foreign exchange market on June 10-14, the press service of the Central Bank reported.

In the same period, about 6.3mln euros and over 714.9mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 544.97drams per €1 and 12.67drams per ruble respectively.

At the same time, about $85.8mln, about €9.6mln and about 116.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 412.95drams, 548.64drams and 12.85drams respectively.

Dram loans extended by Armenian banks during the week before (June 3-9) totalled 30.3bln drams; dollar loans amounted to a total of $56.2mln. ($1=413.43drams).–0–

spot_img

POPULAR

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

Stepan Gishyan Foundation’s grant competition results have been announced

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

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.

Members of the Board and the CEO of the Universal Health Insurance Fund have been elected in Armenia

Members of the Board of Trustees and the CEO of the Universal Health Insurance Fund have been elected in Armenia, the government press service reported.

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