Armenia’s commercial banks purchase about $91.7 mln at intra-banking forex market last week

YEREVAN, July 14. /ARKA/. Armenian commercial banks purchased about $91.7mln at a weighted average rate of 406.98drams per $1 in intra-banking foreign exchange market on July 7–11, the press service of the Central Bank reported.

In the same period, about 5.4mln euros and 893.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 553.04 drams per €1 and 11.81 drams per ruble respectively.

At the same time, about $99.9mln, about €13mln and 145.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.06drams, 556.55drams and 11.95drams respectively.

Dram loans extended by Armenian banks during the week before (June 30 – July 6) totalled about 40.8bln drams; dollar loans amounted to a total of about $61.9mln. ($1=407.69drams). –0–

spot_img

POPULAR

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

“AGROVISION” CJSC’s bonds were listed on Armenia Stock Exchange

YEREVAN, August 17. /ARKA/.  Today, “AGROVISION” CJSC, a company operating in the agro-industrial sector, became a listed company on the Armenia Stock Exchange (AMX).

ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

LATEST NEWS

spot_imgspot_imgspot_img