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

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Polytechnic University Graduation Ceremony Held with the Support of Unibank

As one of the benefactors of the National Polytechnic University of Armenia (NPUA), Unibank supported the organization of the graduation ceremony for the University’s 93rd graduating class. 

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Market capitalization increased by 7.43% in June, exceeding AMD 492 billion – Armenia Securities Exchange

Equity market capitalization in June 2026 exceeded AMD 492.7 billion, an increase of 7.43%, the press service of the Armenia Securities Exchange (AMX) reported.

LATEST NEWS

spot_imgspot_imgspot_img