Tue, 13 January
0.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

Armenia’s commercial banks purchase about $100.3 mln at intra-banking forex market last week

YEREVAN, August 4. /ARKA/. Armenian commercial banks purchased about $100.3mln at a weighted average rate of 405.75drams per $1 in intra-banking foreign exchange market on July 28 – August 2, the press service of the Central Bank reported.

In the same period, over 7.5 mln euros and 1,024.3 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 543.37 drams per €1 and 11.33 drams per ruble respectively.

At the same time, about $111.8mln, about €14.2mln and 135.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.83drams, 547drams and 11.49drams respectively.

Dram loans extended by Armenian banks during the week before (July 21-27) totalled about 28.1bln drams; dollar loans amounted to a total of $37.1mln. ($1=406.82drams). –0–

spot_img

POPULAR

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

LATEST NEWS

spot_imgspot_imgspot_img