Armenia’s commercial banks purchase over $75.8mln at intra-banking Forex market last week

YEREVAN, September 23. /ARKA/. Armenian commercial banks purchased more than $75.8mln at a weighted average rate of 407.61drams per $1 in intra-banking foreign exchange market on September 17-20, the press service of the Central Bank reported.

In the same period, about 8.7mln euros and over 948.7mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 546.06drams per €1 and 12.59drams per ruble respectively.

At the same time, about $78.4mln, about €8.6mln and about 98.9mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 409drams, 548.10drams and 12.73drams respectively.

Dram loans extended by Armenian banks during the week before (September 9-15) totalled 34.3bln drams; dollar loans amounted to a total of $32.7mln. ($1=406.71drams).–0–

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  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 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img