Armenia’s commercial banks purchase about $75.2 mln at intra-banking forex market last week

YEREVAN, June 9. /ARKA/. Armenian commercial banks purchased about $75.2mln at a weighted average rate of 412.84drams per $1 in intra-banking foreign exchange market on June 2-6, the press service of the Central Bank reported.

In the same period, about 4.5mln euros and about 716.9mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 560.74 drams per €1 and 11.74 drams per ruble respectively.

At the same time, about $85.3mln, about €9.6mln and over 99.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 413.94drams, 564.51drams and 11.9drams respectively.

Dram loans extended by Armenian banks during the week before (May 26 – June 1) totalled 42.3bln drams; dollar loans amounted to a total of about $83mln. ($1=413.08drams). –0–

spot_img

POPULAR

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: 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 June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

VTB (Armenia) Develops Telemarketing as a Modern Remote Service Channel

VTB (Armenia) is developing its telemarketing strategy, taking remote banking to a new level.

Euro and dollar exchange rates against the Armenian dram have increased again, while the ruble has weakened again: 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 June 2, 2026, increased by 0.18 points compared to June 1, reaching 368.53 drams.

LATEST NEWS

spot_imgspot_imgspot_img