$84.9 million bough by banks last week at Armenia’s intra-bank forex market

YEREVAN, July 29. /ARKA/. Commercial banks bought $84.9 million at 406.06 drams per one dollar over a period between July 21 and 25 at Armenia’s intra-bank forex market, the press office of the Central Bank of Armenia reports.

Banks also bought more than 5.4 million euros and 946.3 million Russian rubles at the intra-bank forex market at 547.37 drams for one euro and 11.51 drams for one ruble.

According to the report, they sold $94.9 million, €16.2 million and RUR 108.3 million at 407.17 drams, 550.51 drams and 11.7 drams respectively.

Armenian banks lent 37 billion drams and 41.5 million U.S. dollars over a period between July 14 and 20. ($1 – AMD 406.52). -0—

spot_img

POPULAR

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: 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 July 3, 2026, fell by 0.41 points compared to July 2, to 367.79 drams.

LATEST NEWS

spot_imgspot_imgspot_img