Armenia’s commercial banks purchased over $90.5 mln last week

YEREVAN, August 12. /ARKA/. Armenian commercial banks purchased over $90.5 million at an average weighted rate of 408.84 drams per $1 from August 5 to 9 at intra-banking market of foreign currency, the press service of Armenia’s Central Bank reported.

At the same period, the banks obtained nearly 7.6 million euros and over 854.7 million rubles at average weighted rates of 542.69 drams per €1 and 12.34 drams per 1 ruble respectively.

The banks sold about $94.9 million, nearly €11.1 million and nearly 87.8 million rubles at average weighted rates of 409.81 drams, 546.07 drams and 12.52 drams respectively.

Moreover, from 5 to 9 August AMD loans provided by the Armenian banks totaled 37 billion drams, and USD loans were $58.9 million. ($1 – 407.48 drams).–0–

spot_img

POPULAR

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img