Armenia’s commercial banks purchase about $74.9 mln at intra-banking forex market last week

YEREVAN, April 13. /ARKA/. Armenian commercial banks purchased about $74.9 mln at a weighted average rate of 474.46 drams per $1 in intra-banking foreign exchange market on April 7-11, the press service of the Central Bank reported.

In the same period, about 6.4 mln euros and about 632.5 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 510.98 drams per €1 and 8.69 drams per ruble respectively.

At the same time, about $77.4mln, €9.4mln and about 339.9mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 476.25 drams, 516.35drams and 8.95drams respectively.

Dram loans extended by Armenian banks during the week before (March 30 – April 5) totaled about 40.1bln drams; dollar loans amounted to a total of $42.3mln. ($1=476.32drams). –0–

spot_img

POPULAR

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

LATEST NEWS

spot_imgspot_imgspot_img