Armenia’s commercial banks purchase about $67.9 mln at intra-banking forex market last week

YEREVAN, June 29. /ARKA/. Armenian commercial banks purchased about $67.9 mln at a weighted average rate of 472.06 drams per $1 in intra-banking foreign exchange market on June 22 to 26, the press service of the Central Bank reported.

In the same period, about 9.2 mln euros and about 1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 532.56 drams per €1 and 8.65 drams per ruble respectively.

At the same time, about $93.6 mln, €15.5 mln and about 177.1 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 473.47 drams, 534.77 drams and 8.82 drams respectively.

Dram loans extended by Armenian banks during the week before (June 15-21) totaled about $34.4 bln; dollar loans amounted to a total of $31.4mln. ($1=473.18 drams). –0–

spot_img

POPULAR

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

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 April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img