Armenia’s commercial banks purchase about $116.7 mln at intra-banking forex market last week

YEREVAN, September 29. /ARKA/. Armenian commercial banks purchased about $116.7mln at a weighted average rate of 406.85rams per $1 in intra-banking foreign exchange market on September 22 to 27, the press service of the Central Bank reported.

In the same period, 7.5 mln euros and about 1.1 bln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 520.37 drams per €1 and 10.47 drams per ruble respectively.

At the same time, about $119.3mln, about €22.2mln and 159.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.87drams, 523.28drams and 10.64drams respectively.

Dram loans extended by Armenian banks during the week before (September 15-21) totaled about 31 bln drams; dollar loans amounted to a total of $51.6mln. ($1=408.5drams). –0–

spot_img

POPULAR

Armenian police warn of new phishing scheme purporting to be a bank

The Armenian Ministry of Internal Affairs' cyber police have warned of a fraudulent advertisement actively spreading on social media, purporting to be a joint offer from AMIO Bank and Yandex Eats.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

Market capitalization exceeded 426 billion drams in July – Armenia Securities Exchange

Equity market capitalization exceeded 426 billion drams in July 2026, the press service of the Armenia Securities Exchange (AMX) reported.

“Urgently Confirm Your Card Details”: IDBank Warns of Hotel Booking Scams

The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services.

LATEST NEWS

spot_imgspot_imgspot_img