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 Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

Armenian Ministry of Finance developing a comprehensive framework for issuing thematic bonds

The Armenian Ministry of Finance is developing a comprehensive framework for issuing thematic bonds in domestic and international capital markets.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Armenia’s commercial banks contributed 149.22 billion drams to the state budget in the first nine months of 2026

All 17 commercial banks currently operating in Armenia were included in the list of the country’s 1,000 largest taxpayers for the first nine months of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

LATEST NEWS

spot_imgspot_imgspot_img