$74.9 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 24. /ARKA/. Commercial banks bought $74.9 million at 476.63 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between August 17 and 21, the press office of the Central Bank of Armenia reports.

They also bought €7 million and about 1.1 billion Russian rubles at the mentioned period at 528.28 drams and 7.17 drams respectively.

Commercial banks sold about $86.1 million, €11.9 million and 296.8 million at the intra-banking forex market over the same period at 478.19 drams, 534 drams and 7.28 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to 35.6 billion drams, and dollar loans totaled $34.6 million at the period between August 10 and 16. ($1 – AMD 477.7). –0–

spot_img

POPULAR

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

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.

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.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

LATEST NEWS

spot_imgspot_imgspot_img