Mon, 2 February
2.1 C
Yerevan
USD: 379.03 RUB: 4.95 EUR: 449.83 GEL: 140.75 GBP: 519.38

$96.2 million bought by Armenian banks in one week

YEREVAN, December 14. /ARKA/. Twenty-one Armenia-based commercial banks bought a total of $96.2 million from the local foreign exchange intra-market from December 7 to 11 at the weighted average exchange rate of 483.73 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 6.3 million Euros and about 870.5 million Russian rubles at weighted average exchange rates of 524.63 per one Euro and 6.97 drams per one ruble.

The banks also sold $95.3 million, €10.6 million and 415.4 million Russian rubles at the weighted average exchange rates of 485.61 drams, 529.73 drams and 7.09 drams respectively.

Besides, from November 30 to December 6 the banks extended about 49.9 billion drams worth loans in the Armenian national currency and $65.8 million loans in US currency. ($1 – AMD 484.79). –0—-

spot_img

POPULAR

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img