Armenian banks bought $81.7 million in one week

YEREVAN, November 23. /ARKA/. Twenty-one Armenia-based commercial banks bought a total of $81.7 million from the local foreign exchange intra-market from November 16 to 20 at the weighted average exchange rate of 480.88 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 7.3 million Euros and about 1.1 billion Russian rubles at weighted average exchange rates of 512.64 per one Euro and 7.31 drams per one ruble.

The banks also sold $74 million, €11.5 million and 342.7 million Russian rubles at the weighted average exchange rates of 472.89 drams, 517.87 drams and 7.43 drams respectively.

Besides, from November 9 to 15 the banks extended about 48.9 billion drams worth loans in the Armenian national currency and $31.3 million loans in US currency. ($1 – AMD 481.7). M.V.—0—-

spot_img

POPULAR

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.31 points on September 10, 2026, compared to September 9, to 363.89 drams.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img