Armenian banks bought $81.7 million in one week

YEREVAN, November 30. /ARKA/. Twenty-one Armenia-based commercial banks bought a total of $61.5 million from the local foreign exchange intra-market from November 23 to 27 at the weighted average exchange rate of 480.18 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 4.1 million Euros and about 913.9 million Russian rubles at weighted average exchange rates of 509.23 per one Euro and 7.28 drams per one ruble.

The banks also sold $72.9 million, €9.6 million and 336.2 million Russian rubles at the weighted average exchange rates of 482.17 drams, 514.41 drams and 7.4 drams respectively.

Besides, from November 16 to 22 the banks extended about 46.3 billion drams worth loans in the Armenian national currency and $60.8 million loans in US currency. ($1 – AMD 481.92). –0—-

spot_img

POPULAR

EBRD has appointed a new head of its office in Armenia

The European Bank for Reconstruction and Development (EBRD) has appointed Remon Zakaria as the new head of its Yerevan Resident Office, effective 1 September 2026, replacing George Akhalkatsi.

Finance Minister Explains Reason for Armenia’s Public Debt Growth

Armenia's public debt in 2025 increased by 8.8% compared to 2024, stated RA Finance Minister Vahe Hovhannisyan.

Pashinyan: Income tax refund program for mortgages will not be extended in regions adjacent to Yerevan from 2027

The Armenian government does not intend to extend the income tax refund program for mortgage interest repayments in the regions adjacent to Yerevan, RA Prime Minister Nikol Pashinyan announced.

IDBank issued the 4th and 5th tranches of bonds of 2026

On June 12, 2026, IDBank placed registered coupon bonds through a public offering on the following terms:

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.

LATEST NEWS

spot_imgspot_imgspot_img