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 ups against dram, while the dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 17, 2026, decreased by 0.35 points compared to April 16, to 373.81 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

Central Bank of Armenia should be prepared to raise refinancing rate – IMF

The Central Bank of Armenia should be prepared to raise the refinancing rate as needed to return inflation to the target level amid rising inflationary pressures and heightened uncertainty, stated Alexander Timan, head of the IMF mission to Armenia.

LATEST NEWS

spot_imgspot_imgspot_img