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

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

Armenia’s corporate bond market could double over five years – head of CUBE Invest

Armenia’s corporate bond market is entering a new stage of development, expanding opportunities for businesses to secure financing while offering investors an alternative to bank deposits.

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of COP17

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17).

Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img