Armenian banks bought $57.2 million in one week

YEREVAN, October 12. / ARKA /. Twenty-one Armenia-based commercial banks bought a total of $57.2 million from the local foreign exchange intra-market from October 5 to October 9 at the weighted average exchange rate of 471.8 drams per $1, the press service of the Central Bank said.

It said also in the same time span they bought 5.8 million Euros and about 1.6 billion Russian rubles at weighted average exchange rates of 528.34 per one Euro and 7.38 drams per one ruble.

The banks also sold $81 million, €11. 4 million and 328.5 million Russian rubles at the weighted average exchange rates of 473.73 drams, 534.01 drams and 7.5 drams respectively.

Besides, from September 28 to October 4 the banks issued about 65.4 billion drams worth loans in the Armenian national currency and $72.6 million loans in US currency.

Also a total of $5.95 million were traded at NASDAQ OMX Armenia stock exchange from October 5 to October 9, up from $2.85 traded a week before, the Central Bank reported. It said the US Dollar at NASDAQ OMX traded at 472.95 drams average weighted exchange rate. ($1 – 473.08 drams). –0–

spot_img

POPULAR

Euro, US dollar, and ruble fall against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of June 10, 2026, fell by 0.01 points compared to June 9, to 368.44 drams.

IMF committed to close and long-term cooperation with Armenian authorities – Managing Director

The IMF is committed to close and long-term cooperation with the Armenian authorities, stated IMF Managing Director Kristalina Georgieva in a congratulatory message to Armenian Prime Minister Nikol Pashinyan on his victory in the parliamentary elections.

Market capitalization increased by 27.4% in May, exceeding 478 billion drams – Armenia Securities Exchange

Equity market capitalization increased by 27.4% in May 2026, exceeding 478.8 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Idram and IDBank continue their traditional series of financial and digital literacy training programs

Idram and IDBank continue their traditional series of financial and digital literacy training programs.

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.

LATEST NEWS

spot_imgspot_imgspot_img