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

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 17, 2026, fell by 0.15 points compared to June 16, to 368.06 drams.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

LATEST NEWS

spot_imgspot_imgspot_img