Armenia’s commercial banks purchase about $111.8 mln at intra-banking forex market last week

YEREVAN, June 30. /ARKA/. Armenian commercial banks purchased about $111.8mln at a weighted average rate of 407.72drams per $1 in intra-banking foreign exchange market on June 23- 27, the press service of the Central Bank reported.

In the same period, about 5.2mln euros and 980.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 553.82 drams per €1 and 11.9 drams per ruble respectively.

At the same time, about $111.4mln, about €12.1mln and over 150.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.94drams, 557.23drams and 12.09drams respectively.

Dram loans extended by Armenian banks during the week before (June 16-22) totalled about 34.6bln drams; dollar loans amounted to a total of $75.3mln. ($1=407.58drams). –0–

spot_img

POPULAR

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img