Armenian Commercial Banks purchased over $104.5 mln last week

YEREVAN, July 9. /ARKA/. Armenian commercial banks purchased over $104.5 million at an average weighted rate of 410.26 drams per $1 from July 9 to 13  in intra-banking market of foreign currency, Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 6.1 million euros and over 1 108 million rubles at average weighted exchange rates of 530.07 drams per €1 and 12.40 drams per 1 ruble respectively.
The banks sold about $108.9  million, nearly €13.8 million and around 105.2 million rubles at average weighted rates of 411.46 drams, 533.57 drams and 12.57 drams respectively.

Moreover, from July 1  to 7   the volume of AMD loans provided by the Armenian banks totaled 27.7 billion drams, and USD loans- $29 million. ($1 – 409.93  drams).—0-

spot_img

POPULAR

State Revenue Committee of Armenia warned of a ban on export of cash rubles from Russia to Armenia and several other countries

The State Revenue Committee of Armenia reminded about the ban imposed by Russia on the export of cash rubles to Armenia and several other countries.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

Euro and dollar rose against the Armenian dram, while the ruble weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.36 points on November 2, 2026, compared to October 30, 2026, to 360.6 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Central Bank of Armenia continued its rate hike amid prevailing inflation risks – Galstyan

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img