Residents’ deposits in foreign currencies in Armenia’s banks grow 6.7% to AMD 734.7 billion in October

YEREVAN, December 19. /ARKA/. Residents’ deposits kept in foreign currencies in Armenia’s commercial banks totaled AMD 734.7 billion in late October after growing 6.7% since the beginning of this year, the Central Bank of Armenia reports at its official website.

Deposits in foreign currencies made up 58.6% of the aggregate deposits in Armenian commercial banks in late October.

Deposits in Armenian drams have grown 12.7% since the beginning of this year reaching AMD 518.7 billion in late October.

Deposits in Armenia’s commercial banks grew 3.8% to AMD 1 675 billion. ($1 – AMD 497). –0–

spot_img

POPULAR

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Euro, US dollar, and ruble fall against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of June 10, 2026, fell by 0.01 points compared to June 9, to 368.44 drams.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: 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 June 9, 2026, fell by 0.08 points compared to June 8, to 368.45 drams.

LATEST NEWS

spot_imgspot_imgspot_img