Wed, 14 January
0.1 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Armenia’s commercial banks purchase about $97.7 mln at intra-banking forex market last week

YEREVAN, October 27. /ARKA/. Armenian commercial banks purchased about $97.7mln at a weighted average rate of 408.61rams per $1 in intra-banking foreign exchange market on October 20-24, the press service of the Central Bank reported.

In the same period, 7.8 mln euros and about 936.1 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 519.86 drams per €1 and 9.86 drams per ruble respectively.

At the same time, about $108.4mln, €15.7mln and 216.9.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 409.71drams, 522.95drams and 10.02drams respectively.

Dram loans extended by Armenian banks during the week before (October 20-24) totaled about 33.9bln drams; dollar loans amounted to about $63.6mln. ($1=408.38drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

LATEST NEWS

spot_imgspot_imgspot_img