Armenia’s commercial banks purchase about $96.35 mln at intra-banking forex market last week

YEREVAN, June 23. /ARKA/. Armenian commercial banks purchased about $96.35mln at a weighted average rate of 410.19drams per $1 in intra-banking foreign exchange market on June 16- 20, the press service of the Central Bank reported.

In the same period, over 5.8mln euros and 887.05mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 555.15 drams per €1 and 11.78 drams per ruble respectively.

At the same time, about $106.5mln, about €12.5mln and over 145.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.19drams, 558.92drams and 11.98drams respectively.

Dram loans extended by Armenian banks during the week before (June 9-15) totalled about 36bln drams; dollar loans amounted to a total of $35.5mln. ($1=409.54drams). –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

LATEST NEWS

spot_imgspot_imgspot_img