Armenian banks bought some $110.8 million at local forex market from 14th to 18th of December

YEREVAN, December 21. / ARKA /. Armenian commercial banks bought some $110.8 million at the local forex market from 14th to 18th of December at the weighted average exchange rate of 482.39 drams per $1, the Central Bank said.

It said they also bought 10.2 million euros at the weighted average exchange rate of 524.01 drams per €1 and about 1.2 billion Russian rubles at the weighted average exchange rate of 6.81 drams per 1 ruble.

At the same time, they sold about $123.3 million, €10. 8 million and 593.7 million Russian rubles at the weighted average exchange rates of 484.2 drams, 531.12 drams and 6.92 drams respectively.
Besides, from the 7th to 13th of December the banks provided 51.6 billion drams worth loans in the national currency and $54.4 million worth loans in USD. ($ 1 – 481.04 drams). -0-

spot_img

POPULAR

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Idram and IDBank Support Startups at Seaside Startup Summit

Thousands of ideas and numerous participants - all in one place.

LATEST NEWS

spot_imgspot_imgspot_img