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

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

LATEST NEWS

spot_imgspot_imgspot_img