Armenia’s commercial banks purchase about $73 mln at intra-banking forex market last week

YEREVAN, February 16. /ARKA/. Armenian commercial banks purchased about $73mln at a weighted average rate of 477.86 drams per $1 in intra-banking foreign exchange market on February 9 to 13, the press service of the Central Bank reported.

In the same period, about 4.5 mln euros and about 585.1 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 540.88 drams per €1 and 7.18 drams per ruble respectively.

At the same time, about $80.4mln, €8.5mln and about 266 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 479.85 drams, 547.27drams and 7.44drams respectively.

Dram loans extended by Armenian banks during the week before (February 2-8) totaled about 30 bln drams; dollar loans amounted to a total of $36.4mln. ($1=478.91drams). –0–

spot_img

POPULAR

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: 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 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

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, 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 June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Net inflow of remittances to Armenia from abroad increased approximately 2.7-fold in four months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $728.1 million in January-April 2026, compared to $273.4 million in January-April 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img