About $86 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 10. /ARKA/. Commercial banks bought about $86 million at 477.53 drams per one dollar at Armenia’s intra-banking foreign exchange market over the period between August 3 and 7, the press office of the Central Bank of Armenia reports.

They also bought €6.7 million and about 924.2 million Russian rubles in the mentioned period at 521.57 drams and 7.53 drams respectively.

Commercial banks sold $99.5 million, €12.4 million and about 307.5 million rubles at the intra-banking forex market over the same period at 478.83 drams, 525.32 drams and 7.71 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to 39.3 billion drams, and dollar loans totaled $106.6 million in the period between July 27 and August 2. ($1 – AMD 478.29). –0–

spot_img

POPULAR

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

“Urgently Confirm Your Card Details”: IDBank Warns of Hotel Booking Scams

The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services.

LATEST NEWS

spot_imgspot_imgspot_img