Armenia’s commercial banks purchase about $96.4 mln at intra-banking forex market last week

YEREVAN, January 26. /ARKA/. Armenian commercial banks purchased about $96.4 mln at a weighted average rate of 473.59 drams per $1 in intra-banking foreign exchange market on January 19 to 23, the press service of the Central Bank reported.

In the same period, about 7.3 mln euros and about 693.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 547.42 drams per €1 and 7.17 drams per ruble respectively.

At the same time, about $91.4mln, €8.6mln and about 144.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 476.76 drams, 555.83drams and 7.48drams respectively.

Dram loans extended by Armenian banks during the week before (January 12-18) totaled about 30.9bln drams; dollar loans amounted to a total of $36.7mln. ($1=471.02drams). –0–

spot_img

POPULAR

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Central Bank is not observing capital outflow from Armenia amid regional uncertainty

The Central Bank of Armenia is not observing capital outflow from Armenia amid regional uncertainty, stated Deputy Chairman Hovhannes Khachatryan.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img