Armenia’s commercial banks purchase about $63.2 mln at intra-banking forex market last week

YEREVAN, May 18. /ARKA/. Armenian commercial banks purchased about $63.2 mln at a weighted average rate of 480.32 drams per $1 in intra-banking foreign exchange market on May 11 to 15, the press service of the Central Bank reported.

In the same period, about 5.5 mln euros and about 706.9 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 540.38 drams per €1 and 9.47 drams per ruble respectively.

At the same time, about $71.8 mln, €8.2 mln and about 191.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 481.98 drams, 544.34 drams and 9.67 drams respectively.

Dram loans extended by Armenian banks during the week before (May 4 – 10) totaled about 37.1 bln drams; dollar loans amounted to a total of $33.5mln. ($1=482.9 drams). –0–

spot_img

POPULAR

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Euro and US dollar exchange rates against the Armenian dram have declined, while the ruble has continued to rise: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 22, 2026, fell by 0.07 points compared to October 21, reaching 361.33 drams.

Central Bank of Armenia Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img