Armenia’s commercial banks purchase about $99.2 mln at intra-banking forex market last week

YEREVAN, April 22. /ARKA/. Armenian commercial banks purchased about $99.2mln at a weighted average rate of 413.75drams per $1 in intra-banking foreign exchange market on April 14-18, the press service of the Central Bank reported.

In the same period, about 7mln euros and over 846.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 571.47 drams per €1 and 11.46 drams per ruble respectively.

At the same time, over $101.3mln, about €12.9mln and 109.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 414.98drams, 574.83drams and 11.61drams respectively.

Dram loans extended by Armenian banks during the week before (April 7-13) totalled 35.7bln drams; dollar loans amounted to a total of $36.1mln. ($1=414.06drams).  –0–

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img