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

YEREVAN, June 22. /ARKA/. Armenian commercial banks purchased about $89.6 mln at a weighted average rate of 473.93 drams per $1 in intra-banking foreign exchange market on June 15 to 19, the press service of the Central Bank reported.

In the same period, about 8 mln euros and about 1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 533.36 drams per €1 and 8.85 drams per ruble respectively.

At the same time, about $87.7 mln, €9.3 mln and about 171.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 475.45 drams, 538.01 drams and 8.85 drams respectively.

Dram loans extended by Armenian banks during the week before (June 8-14) totaled about $33.8 bln; dollar loans amounted to a total of $39.7mln. ($1=473.42 drams). –0–

spot_img

POPULAR

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: 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 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

LATEST NEWS

spot_imgspot_imgspot_img