Armenia’s commercial banks purchase about $86.8 mln at intra-banking forex market last week

YEREVAN, November 17. /ARKA/. Armenian commercial banks purchased about $86.8mln at a weighted average rate of 414.63rams per $1 in intra-banking foreign exchange market on November 10 to 14, the press service of the Central Bank reported.

In the same period, 5.7 mln euros and about 690.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 514.76 drams per €1 and 8.85 drams per ruble respectively.

At the same time, about $113.8mln, €14.1mln and 206.2mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 415.89drams, 519.25drams and 9.08drams respectively.

Dram loans extended by Armenian banks during the week before (November 3-9) totaled about 39.1bln drams; dollar loans amounted to a total of about $80mln. ($1=415.5drams). –0–

spot_img

POPULAR

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img