Armenia’s Commercial Banks purchase over $90.3mln at intra-banking forex market last week

YEREVAN, November 18. /ARKA/. Armenian commercial banks purchased more than $90.3mln at a weighted average rate of 404.78 drams per $1 in intra-banking foreign exchange market on November 11-15, the press service of the Central Bank reported.

In the same period, about 5.8mln euros and over 759.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 541.49drams per €1 and 12.28drams per ruble respectively.

At the same time, about $99.1 mln, about €10.7 mln and about 143.2 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.98drams, 545.24drams and 12.46drams respectively.

Dram loans extended by Armenian banks during the week before (November 4-10) totalled 33bln drams; dollar loans amounted to a total of $44.7mln. ($1=405.33drams).   –0–

spot_img

POPULAR

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: 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 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Business registration is now available at Unibank

Business registration is the first step toward starting your own venture.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

LATEST NEWS

spot_imgspot_imgspot_img