Armenia’s commercial banks purchase over $78.6mln at intra-banking forex market last week

YEREVAN, September 2. /ARKA/. Armenian commercial banks purchased more than $78.6mln at a weighted average rate of 405.60drams per $1 in intra-banking foreign exchange market on August 26-30, the press service of the Central Bank reported.

In the same period, about 6.8mln euros and over 787.1mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 540.19drams per €1 and 12.16drams per ruble respectively.

At the same time, about $93.4mln, about €11.1mln and about 103.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.61drams, 542.76drams and 12.31drams respectively.

Dram loans extended by Armenian banks during the week before (August 19-25) totalled 36.8bln drams; dollar loans amounted to a total of $34.1mln. ($1=406.24drams).–0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

LATEST NEWS

spot_imgspot_imgspot_img