Armenia’s commercial banks purchase about $82 mln at intra-banking forex market last week

YEREVAN, July 6. /ARKA/. Armenian commercial banks purchased about $82 mln at a weighted average rate of 472.07 drams per $1 in intra-banking foreign exchange market on June 29 to July 3, the press service of the Central Bank reported.

In the same period, about 8.2 mln euros and about 1.1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 523.44 drams per €1 and 8.45 drams per ruble respectively.

At the same time, about $88.6 mln, €15.1 mln and about 238.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 473.32 drams, 528.38 drams and 8.61 drams respectively.

Dram loans extended by Armenian banks during the week before (June 22-28) totaled about $29.9 bln; dollar loans amounted to a total of $37.4mln. ($1=473.52 drams). –0–

spot_img

POPULAR

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

LATEST NEWS

spot_imgspot_imgspot_img