Fri, 16 January
-6.9 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

Armenia’s commercial banks purchase over $94.6 mln at intra-banking forex market last week

YEREVAN, January 29. /ARKA/. Armenian commercial banks purchased more than $94.6mln at a weighted average rate of 406.33drams per $1 in intra-banking foreign exchange market on January 20-24, the press service of the Central Bank reported.

In the same period, about 5.1mln euros and over 620.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 551.02drams per €1 and 11.92drams per ruble respectively.

At the same time, about $92.5mln, about €11.7mln and about 134.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.52drams, 554.53drams and 12.10drams respectively.

Dram loans extended by Armenian banks during the week before (January 13-19) totalled 37.1bln drams; dollar loans amounted to a total of $44mln. ($1=408.48drams).–0–

spot_img

POPULAR

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

LATEST NEWS

spot_imgspot_imgspot_img