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

LIGA Insurance Marks 18 Years in the Armenian Market and Announces a New Stage of Development and Brand Identity Refresh

LIGA Insurance announces the refresh of its brand identity, marking a new stage in the company’s development and the beginning of its international integration process, as the company celebrates 18 years of operation in the Armenian insurance market.

Unibank Launches Biometric Identification in UNIMobile App

Unibank has announced the launch of biometric identification in its UNIMobile mobile application.

Unisport reaches the finals of the Futsal Armenian Cup and Premier League

Unisport FC continues to deliver strong performances in Armenian futsal, competing successfully in both the Futsal Armenian Cup and the Futsal Armenian Premier League. The team once again confirmed its high level by securing places in the finals of two major tournaments.

Yerevan’s budget revenues for the first four months amounted to 31.6 billion drams, with a 111.2% performance rate

From January to April 2026, the Yerevan budget actually received 31.6 billion drams of its planned 28.5 billion drams in revenues, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

LATEST NEWS

spot_imgspot_imgspot_img