Armenia’s commercial banks purchase about $85.7 mln at intra-banking forex market last week

YEREVAN, August 11. /ARKA/.  Armenian commercial banks purchased about $85.7mln at a weighted average rate of 408.32drams per $1 in intra-banking foreign exchange market on August 4 – 8, the press service of the Central Bank reported.

In the same period, over 6.43mln euros and 971.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 545.85 drams per €1 and 11.29 drams per ruble respectively.

At the same time, about $91.5mln, about €13.37mln and 139.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 409.62drams, 550.14 drams and 11.45drams respectively.

Dram loans extended by Armenian banks during the week before (July 28 – August 3) totalled 39.9bln drams; dollar loans amounted to a total of about $39.1mln. ($1=411.85drams).  –0–

spot_img

POPULAR

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 to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

Euro, dollar, and ruble exchange rates against the Armenian dram 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 June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img