Armenia’s commercial banks purchase over $88.8mln last week

YEREVAN, August 5. /ARKA/. Armenian commercial banks purchased over $88.8mln at a weighted average rate of 409.22 drams per $1 in intra-banking foreign exchange market from July 29 to August 2, the Central Bank reported.

At the same time, the banks obtained about 6.3mln euros and over 848.7 mln rubles at weighted average exchange rates of 541.61 drams per €1 and 12.36 drams per ruble respectively.

At the same time, the banks sold about $102 mln, about €10.8mln and nearly 118.2mln rubles at weighted average exchange rates of 410.50, 545.30 and 12.53 drams respectively.

AMD loans provided by Armenian banks from 22 to 28 July totalled 28bln drams; dollar loans amounted to $60.1mln. ($1=410.11drams).–0–

spot_img

POPULAR

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 17, 2026, fell by 0.15 points compared to June 16, to 368.06 drams.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img