Armenia’s commercial banks purchase about $89.5 mln at intra-banking forex market last week

YEREVAN, September 16. /ARKA/. Armenian commercial banks purchased about $89.5mln at a weighted average rate of 48.88rams per $1 in intra-banking foreign exchange market on September 8 to 12, the press service of the Central Bank reported.

In the same period, 10.1 mln euros and about 1 bln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 527.61 drams per €1 and 10.92 drams per ruble respectively.

At the same time, about $99.5mln, about €13.8mln and 106.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 409.95drams, 531.04drams and 11.08drams respectively.

Dram loans extended by Armenian banks during the week before (September 1-8) totaled about 33.6bln drams; dollar loans amounted to a total of $34.6mln. ($1=409.06drams). –0–

spot_img

POPULAR

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img