$74.8 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 17. /ARKA/. Commercial banks bought $74.8 million at 477.62 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between August 10 and 14, the press office of the Central Bank of Armenia reports.

They also bought €8 million and 954.6 million Russian rubles at the mentioned period at 524.24 drams and 7.37 drams respectively.

Commercial banks sold $81 million, €11 million and 270.46 million at the intra-banking forex market over the same period at 479 drams, 528.51 drams and 7.52 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to $33 billion, and dollar loans totaled $54.1 million at a period between August 10 and 14. ($1 – AMD 478.05). —-0—–

spot_img

POPULAR

IMF enables Armenia’s  access to about US$25.1 million under new SBA

The Executive Board of the International Monetary Fund (IMF) said it has completed the first review under the Stand-By Arrangement (SBA) with Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 1-7)

The week in Armenia's financial market was dominated by inflation data, currency dynamics, and the Central Bank's comments on the banking sector.

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.

Armenian dram exchange rate fell by 4.25 points, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 8, 2026, fell by 0.01 points compared to June 5, to 368.53 drams.

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

LATEST NEWS

spot_imgspot_imgspot_img