$96 million bought by banks at Armenia’s intra-bank forex market last week

YEREVAN, July 21. /ARKA/. Commercial banks bought 96 million US dollars at Armenia’s intra-bank forex market over a period between July 14 and 18 at 406.6 drams per one dollar, on average, the press office of the Central Bank of Armenia reports.

It has also become known from the press release that about 6.2 million euros and 984.25 million Russian rubles were bought here over the same period at 551.43 drams, on average, per one euro and 11.72 drams per one ruble.

The banks sold $99.7 million, €15.2 million and 246.8 million rubles here at 407.7 drams, 554.83 drams and 11.9 drams respectively. Armenia’s banks lent AMD 36.2 billion and $43.1 million over a period from July 7 to 13. ($1 – AMD 406.62). —-0—

spot_img

POPULAR

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

Mher Ananyan joins Unibank’s Management Board

According to the decision of the Board of Unibank OJSC dated August 3, 2026, Mher Ananyan has been appointed Acting First Deputy Chairman of the Management Board.  

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

LATEST NEWS

spot_imgspot_imgspot_img