Armenia’s Commercial Banks purchase over $81mln at intra-banking forex market last week

YEREVAN, October 28. /ARKA/. Armenian commercial banks purchased more than $81mln at a weighted average rate of 405.19 drams per $1 in intra-banking foreign exchange market on October 21-25, the press service of the Central Bank reported.

In the same period, about 5.7mln euros and over 849mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 554.51drams per €1 and 12.63drams per ruble respectively.

At the same time, about $95.4 mln, about €9.9 mln and about 118.9 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.26drams, 558.34drams and 12.82drams respectively.

Dram loans extended by Armenian banks during the week before (October 14-20) totalled 34.6bln drams; dollar loans amounted to a total of $36.9mln. ($1=405.84drams).  –0–

spot_img

POPULAR

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

LATEST NEWS

spot_imgspot_imgspot_img