Armenia’s commercial banks purchase about $78.6 mln at intra-banking forex market last week

YEREVAN, September 1. /ARKA/. Armenian commercial banks purchased about $78.6mln at a weighted average rate of 409.57drams per $1 in intra-banking foreign exchange market on August 25- 29, the press service of the Central Bank reported.

In the same period, over 7.2mln euros and about 963.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 539.02 drams per €1 and 11.23 drams per ruble respectively.

At the same time, about $94.6mln, about €12mln and 93.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 410.73drams, 543.45drams and 11.38drams respectively.

Dram loans extended by Armenian banks during the week before (August 18-24) totalled about 42.3bln drams; dollar loans amounted to a total of $36.9mln. ($1=411.23drams). –0–

spot_img

POPULAR

Euro rises against Armenian dram, while US dollar falls

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 29, 2026, decreased by 0.21 points compared to April 28, to 371.19 drams.

Auction Held for Placement of Government Bonds Exceeding 112.5 bln AMD

An auction took place at the Armenia Stock Exchange for the placement of government bonds totaling over 112.5 billion AMD, specifically:

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

ADB Appoints New Country Director for Armenia

The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

LATEST NEWS

spot_imgspot_imgspot_img