Mon, 9 February
3.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Armenia’s commercial banks purchase about $69 mln at intra-banking forex market last week

YEREVAN, December 8. /ARKA/. Armenian commercial banks purchased about $69 mln at a weighted average rate of 438.91rams per $1 in intra-banking foreign exchange market on December 1 to December 5, the press service of the Central Bank reported.

In the same period, 7.7 mln euros and about 713.3 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 544.54 drams per €1 and 8.38 drams per ruble respectively.

At the same time, about $145.4mln, €13.1mln and 228.2mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 442.91drams, 556.85drams and 8.77drams respectively.

Dram loans extended by Armenian banks during the week before (November 24-30) totaled about 48.5bln drams; dollar loans amounted to a total of $75.4mln. ($1=447.86drams). –0–

spot_img

POPULAR

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

LATEST NEWS

spot_imgspot_imgspot_img