Armenian banks bought $77.7 million last week

YEREVAN, September 17. /ARKA/. Armenian commercial banks bought a total of $77.7 million at the local foreign exchange market on September 9-13 at the average exchange rate of 409.49 drams for $1, the press service of the Central Bank said.

In the same time span the banks bought around 10.5 million euros and more than 863.9 million rubles at average exchange rates of 540.88 drams for 1€ and 12,30 drams for 1 ruble respectively.

During the week the banks were said to have sold a total of $79.7 million, around €10.3 million and approximately 115.3 million rubles at 410.91, 544.49 and 12.49 drams respectively.

Besides, the banks issued 34.3 billion drams worth loans in the Armenian currency and $43.7 million worth loans in USD. ($ 1 – 409.41 drams). -0-

spot_img

POPULAR

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

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Central Bank of Armenia named five key factors influencing inflation

In an interview with CivilNet, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, listed five factors influencing inflation in the country.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

LATEST NEWS

spot_imgspot_imgspot_img