Armenia’s Commercial Banks purchase over $120.8mln at intra-banking Forex market last week

YEREVAN, September 30. /ARKA/. Armenian commercial banks purchased more than $120.8mln at a weighted average rate of 404.86 drams per $1 in intra-banking foreign exchange market on September 23-28, the press service of the Central Bank reported.

In the same period, about 9.6mln euros and over 989.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 545.99drams per €1 and 12.56drams per ruble respectively.

At the same time, about $126.5 mln, about €13.2 mln and about 114.4 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.49drams, 549.94drams and 12.73drams respectively.

Dram loans extended by Armenian banks during the week before (September 16-22) totalled 33.4bln drams; dollar loans amounted to a total of $38.8mln. ($1=405.06drams).  –0–

spot_img

POPULAR

Euro exchange rate against the Armenian dram continues to decline; dollar rises – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market, rose by 0.03 drams on November 12, 2026, compared to November 11, reaching 360.51 drams.

Capital of Armenian Credit Organizations Grows by 4.35% to 474.09 Billion Drams Over 9 Months

As of September 30, 2026, the aggregate capital of credit organizations in Armenia reached 474.09 billion drams, marking an increase of 1.49% for the third quarter and 4.35% since the beginning of the year.

acbaSplit: Acba Bank launches a new payment service

Acba Bank has launched "acbaSplit," a service that allows customers to make purchases of up to 5 million Armenian drams (AMD) with the option to pay in installments.

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

25 years ago, three friends founded company PROFAL

25 years ago, three friends decided to establish the company PROFAL, which today stands as a leader in the production of aluminum doors, windows, and glass structures.

LATEST NEWS

spot_imgspot_imgspot_img