Wed, 4 February
2.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Armenian banks bought total of $54.3 million from local forex intra-market on September 7 – 11

YEREVAN, 15 September. / ARKA /. Armenian commercial banks bought a total of $54.3 million from local forex intra-market on September 7 – 11 at the weighted average exchange rate of 484.3 drams per $1, the press service of the Central Bank said.

They also bought 7.9 million euros and 836.3 million Russian rubles at the weighted average exchange rates of 539.84 drams and 7.07 drams respectively.

In the same time span the banks sold about $63.1 million, €12.3 million and about 256.2 million Russian rubles at the weighted average exchange rates of 486.26, 544.22 and 7.19 drams respectively.

Besides, from August 31 to September 6 the banks issued 37.1 billion drams worth loans in Armenian currency and $40.6 million loans in USD. ($ 1 – 485.08 drams) .- 0-

spot_img

POPULAR

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img