Armenia’s commercial banks purchase about $89.6 mln at intra-banking forex market last week

YEREVAN, March 30. /ARKA/. Armenian commercial banks purchased about $89.6 mln at a weighted average rate of 473.07 drams per $1 in intra-banking foreign exchange market on March 23 to 27, the press service of the Central Bank reported.

In the same period, about 4.9 mln euros and about 618.5 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 513.53 drams per €1 and 8.01 drams per ruble respectively.
At the same time, about $92.6 mln, €7.6 mln and about 229.3 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 475.36 drams, 519.36 drams and 8.26 drams respectively.

Dram loans extended by Armenian banks during the week before (March 16-22) totaled about $37.3 bln; dollar loans amounted to a total of $56.8mln. ($1=471.63drams). –0–

spot_img

POPULAR

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

T-Bank customers in Armenia can now pay for purchases using QR codes

T-Bank customers in Armenia can now pay for purchases using QR codes through the mobile app, the bank's press service announced.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

LATEST NEWS

spot_imgspot_imgspot_img