Armenia’s commercial banks purchase about $148.8 mln at intra-banking forex market last week

YEREVAN, May 12. /ARKA/. Armenian commercial banks purchased about $148.8mln at a weighted average rate of 412.8drams per $1 in intra-banking foreign exchange market on April 28 – May 8, the press service of the Central Bank reported.

In the same period, about 12.8mln euros and about 1.2bln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 571.11 drams per €1 and 11.49 drams per ruble respectively.

At the same time, about $169.2mln, about €18.25mln and 194.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 413.91drams, 575.1drams and 11.65drams respectively.

Dram loans extended by Armenian banks during the week before (April 21 – May 4) totalled 64bln drams; dollar loans amounted to a total of $83.4mln. ($1=413.19drams). –0–

spot_img

POPULAR

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: 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 March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

LATEST NEWS

spot_imgspot_imgspot_img